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MAIL OR DROP OFF PAYMENTS- ARC ENTRIES
Overview:
When your customer mails a check for payment, or drops a check off into a drop box, your company may convert this check into an ACH (electronic) entry. This program is most commonly used by organizations that regularly receive a high volume of checks such as credit card, insurance, and utility companies.
Solution-How it Works
Affirmative provides a Web-based application that is integrated with a check imaging device used for collecting payment information and converting your check to an ACH item.
The application is flexible to support either a single or multi-location site; including an option to flag items not ACH eligible and provide an alternative payment clearing through the traditional check network. The automatic handling of exception items enables your organization with a straight through processing program, clearing items through both the ACH and traditional check clearing network.
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