LocateSmarter Adds New VoIP Identification Product

CEDAR FALLS, Iowa – LocateSmarter, a company focused on providing data for accounts receivable and collection purposes, announced the addition of a VoIP identification product aimed at reducing regulatory risk for their customers.

VoIP, short for Voice over Internet Protocols, is beginning to appear more frequently as a substitute for traditional telephone communication. According to Statista, there were as many as 34 million VoIP users in the United States in 2013 and the number continues to rise. With this growth, however, come some regulatory uncertainty in the collections space.

According to the Telephone Consumer Protection Act (TCPA), auto-dialed calls are prohibited to phone numbers that can incur additional charges for use – like cell phones – unless prior consent is given. Depending on a VoIP number’s price plan, and the results of a TCPA lawsuit, a VoIP number may also be classified similar to cell phones and result in fines and lawsuits when improperly dialed. LocateSmarter’s new product is focused on identifying VoIP phone numbers in an attempt to mitigate risk.

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