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Your
customers provide written authorization to collect
payments from their accounts electronically. |
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Using
EFTCash™
software, you enter customer payment information in the
easy-to-use Windows™ program. The Data Translator Tool
Set™ options easily move relevant customer data
between EFTCash™
and virtually any financial management system,
eliminating tedious double entry. |
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Every
billing cycle, transmit the encrypted data files to the
Processing Center. |
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Your
information gets processed. The files are verified for
correct formatting for fast, accurate transmittal to the
Federal Reserve for the first available "settlement
window." |
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Through
our gateway to the Automated Clearing House (ACH), your
funds are electronically deposited directly into your
bank account, or into your accounts. |
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Daily
Reject Reports give detailed access immediately to which
accounts didn't get collected, and why. Consolidated
monthly reports give you accurate detailed information. |
