Payment Processing Solutions | Remittance Processing

The Remittance Processing or Payment Processing Solution

Captures images and data from payment coupons
Captures images and MICR data from the accompanying checks
Electronically interprets the handwritten or printed amounts from the checks
Allows an operator to key-enter any unread amounts and assists in balancing each payment transaction
Prepares a batch file of the payments and corresponding account numbers for upload to the host accounting system
Prepares the electronic deposit file for transmission to the depositing bank
Keeps all check and coupon data and images in its archive for easy retrieval

Benefits Include:

Reduced processing labor costs
Elimination of courier expenses between branches or to the Fed
Elimination of the risk associated with paper item transportation
Faster clearing for non-local items
Expedited reconciliation
Fewer mis-posting errors
Improved customer-service responsiveness to inquiries
Ability to offer new, image-based services.

Time is Money…Automate it.

If your business uses payment coupons, you can benefit. Whether you are a government agency, utility, insurance, credit card or property management company, medical or dental office, service company or any type of business that hand or batch posts, we can demonstrate an affordable, quick, and easy solution to significantly reduce the time and costs associated with payment processing.

Automate Your Time with Payment Processing Solutions

If you are ready to improve efficiencies, streamline staffing, increase security and better the overall customer experience in your store, call us. We are here to help! Reach us at 952.890.6661 or contact us online.