Singapore markets close in 2 hours 54 minutes
  • Straits Times Index

    3,257.99
    -25.36 (-0.77%)
     
  • Nikkei

    27,113.13
    -475.24 (-1.72%)
     
  • Hang Seng

    24,656.46
    0.00 (0.00%)
     
  • FTSE 100

    7,297.15
    -196.98 (-2.63%)
     
  • BTC-USD

    36,087.52
    +109.62 (+0.30%)
     
  • CMC Crypto 200

    821.53
    +10.93 (+1.35%)
     
  • S&P 500

    4,410.13
    +12.19 (+0.28%)
     
  • Dow

    34,364.50
    +99.13 (+0.29%)
     
  • Nasdaq

    13,855.13
    +86.21 (+0.63%)
     
  • Gold

    1,842.50
    +0.80 (+0.04%)
     
  • Crude Oil

    83.64
    +0.33 (+0.40%)
     
  • 10-Yr Bond

    1.7350
    -0.0120 (-0.69%)
     
  • FTSE Bursa Malaysia

    1,514.87
    -6.99 (-0.46%)
     
  • Jakarta Composite Index

    6,655.17
    -71.21 (-1.06%)
     
  • PSE Index

    7,252.64
    -40.88 (-0.56%)
     

Law Firms Accelerate Year-End Payments with New LawPay and Kenect Text-to-Pay Partnership

·4-min read

Leader in Legal Payments Expands Digital Payment Integrations With New Kenect Partnership to Provide Lawyers with Fast and Flexible Ways to Get Paid

AUSTIN, Texas, December 01, 2021--(BUSINESS WIRE)--LawPay, the leading online payment solution for legal professionals, has announced its partnership with Kenect, the high-growth tech platform connecting attorneys to their clients, to allow law firms to collect payments via text messaging. The LawPay and Kenect integration will help U.S. and Canadian law firms get paid up to 85% faster, freeing users to spend more time on other business matters.

According to recent research, the use of contactless payments in the U.S. has increased 150% since March 2019. The U.S. now has the most contactless transactions of any market globally at 175 million. Additionally, it’s reported that about 66% of consumers would pay more for a service with a mobile texting channel supporting it.

This partnership is receiving early recognition by LawPay customers for its benefit of enhancing communication with clients. "We love Kenect and we love LawPay! We couldn’t be more excited about this partnership," said Erik Helgesen of Helgesen, Houtz & Jones. "Texting with Kenect makes communicating with clients so easy and efficient. This integration is going to help us collect on overdue invoices much faster, streamline our billing processes and improve the payment experience for our clients."

"Our partnership with LawPay has created a great advantage for both parties to give our customers the best solution for processing legal payments," said Shaun Sorensen, CEO and Co-Founder of Kenect. "The integration allows us to increase the tools our mutual customers have access to when it comes to elevating their communication with their clients and allows them to further reduce any friction in receiving client payments. This ultimately enhances client satisfaction for the firm while innovating our platform for the future."

Both Kenect and LawPay’s platforms utilize advanced security measures and are built to meet PCI compliance standards, which allows customers to manage payments through text messaging to complete transactions.

With this new partnership, LawPay and Kenect customers can expect:

  • Faster collections: Late payments requested via text with Kenect’s platform are collected nearly 100% of the time

  • Time savings: LawPay and Kenect will save law firms’ billing departments up to 40 minutes per person per day by collecting payments via text

  • Customer response rate: Compared to the 10% average open rate of email communication, 98% of texts are opened and 96% are read within 3 minutes

"We are excited about the integration between Kenect and LawPay and how it offers what our customers have been asking us for: a platform empowering legal professionals to have stronger communication with their clients," said Dru Armstrong, CEO of LawPay. "Our goal is to continually innovate our technology platform by diversifying payment options for our customers that increase their business. We understand that our payments need to be made simpler, and that’s why we are excited to bring text-to-pay payment options to our customers and to our customers’ clients."

LawPay continues to innovate by implementing the latest technology for contactless payments to better serve firms. This innovation includes a QR Code payment option, a streamlined recurring billing process for professionals called Account Updater, and ClientCredit, which allows individuals to pay for legal services over time, while firms receive their full fees upfront.

For more information about LawPay and Kenect, head to lawpay.com/kenect.

About Kenect

Kenect is a text messaging platform that is built for law firms. Kenect allows firms to text their clients directly, generate new leads, improve communication, generate reviews, and collect payments--all via texting. Kenect was recently ranked the 36th fastest growing tech company in North America by Deloitte and is used by thousands of businesses across North America.

To learn more about Kenect visit Kenect.com or text us (888) 972-7422.

About LawPay

LawPay was developed specifically to help law firms streamline billings and collections, providing a simple, secure solution for legal clients to pay their bills. LawPay is the industry leader in legal payments, providing a cost-effective solution for more than 50,000 law firms around the country. It's available through all 50 state bars, 60+ local and specialty bars and the ABA as a vetted and approved payment solution for the legal industry. LawPay is also the ALA’s Exclusive VIP Partner for Payment Processing. Learn more at lawpay.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211201005751/en/

Contacts

Keely Leonard
LawPay PR Manager
512-368-8988
kleonard@affinipay.com

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting