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ACH Processing Service Bureau
Electronic Payment Processing Service Bureau
Affirmative
now offers an exclusive Electronic Payment Processing
Service Bureau option allowing smaller businesses
to outsource their customer's payments electronically
through the ACH Network-no software applications
required, just a fax machine.
The process
is simple-merchants fax debit instructions, and
the transaction data is manually entered and processed
by a 3rd Party Service Bureau through the ACH
Network and Federal Reserve Banking System.
NSF Check Recovery Service Bureau
The process
is simple - merchants fax debit instructions to
the Service Bureau Provider, the transaction is
manually data entered and processed through the
ACH Network and Federal Reserve Banking System.
The Service Bureau Provider is able to extend
low-volume manual service by applying a 4-day
hold prior to settling transactions. The hold
period affords the Service Bureau provider risk
management protection, while still offering a
valuable service to businesses that might not
otherwise take advantage of the benefits.
What merchants
are looking for are increased collection rates;
better, faster information on returns; and a cost
effective alternative for collecting low-dollar
checks that will help reduce overall NSF check
write-offs.
For more information,
or to apply for this unique service, contact Affirmative
at 1-888-216-1808, and follow the prompts to the
Sales extension.
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