Abacus Data Systems Partners with LawPay to Provide a Secure and Compliant Payment Processing and Practice Automation Solution Exclusively for Legal Professionals
San Diego CA – August 26, 2015 – Abacus Data Systems, Inc. (Abacus), the Turn-Key Fully Managed Technology Solutions Provider (est. 1983), today announced its partnership with LawPay, the only end to end credit card payment processor specifically tailored for the legal industry. The collaboration adds integrated functionality into the fully managed Abacus Products & Services Portfolio, enabling legal professionals to securely and efficiently accept electronic payments from clients while meeting the strict compliance guidelines for trust and operating account management.
“In today’s digital age, legal professionals are faced with ever-growing data protection and privacy challenges,” said Alessandra Lezama, CEO of Abacus Data Systems. “To this end, we are excited to partner with LawPay to provide our clients with a secure and compliant way to accept client payments within AbacusLaw and avoid common trust account violations, such as co-mingling funds.”
The addition of LawPay expands Abacus’ Toolkit of fully integrated products and services which includes virtual office solutions, endpoint anti-virus and malware protection, disaster recovery and business continuity solutions, business phone solutions and more.
More than just a “merchant account,” LawPay offers legal professionals an effortless way to separate earned and unearned fees to avoid trust account violations when accepting credit card payments. LawPay contractually protects client funds by restricting the ability of any third-party from debiting monies from a Trust or IOLTA account, and is the only payment provider approved and endorsed by over 90 bar associations.
“LawPay is excited to collaborate with Abacus. Our combined solution offers a complete system for attorneys to efficiently manage a law practice. The seamless integration makes processing credit card payments easy, secure and convenient for both the law firm and their clients” says Amy Porter, LawPay’s CEO. “As industry leaders, LawPay and Abacus bring a powerful solution to law firms nationwide."
About Abacus Data Systems
Abacus Data Systems provides Turn-Key Legal Technology Solutions designed to help legal entities fully automate their practice to quickly increase revenue, reduce costs and maximize efficiencies. The Fully Integrated Abacus Products & Services Portfolio leverages cutting-edge virtualization technologies to deliver full-spectrum security and privacy compliant Private Cloud environments, enabling any size practice to adopt enterprise-grade technology at a reasonable monthly cost.
Founded in 1983 and backed by private investment, Abacus has over 250,000 clients worldwide, is headquartered in San Diego, California and operates two fully redundant data centers specifically engineered to host and safeguard sensitive data for legal professionals. Robust security and compliance policies, including two-factor authentication, five tiers of physical, network and data security and information handling and data privacy protocols in accordance with NIST standards ensures a safe and compliant environment for even the most confidential data.
For more information visit www.abacuslaw.com or call 1-800-726-3339.
The LawPay solution is designed to correctly separate earned and unearned fees to avoid commingling funds when accepting credit card payments. More importantly, LawPay contractually protects your client funds by restricting the ability of any third-party from debiting monies from a Trust or IOLTA account. LawPay works in partnership with over 90 bar associations across the country, including the American Bar Association, to ensure our program is up-to-date and in compliance.