190 likes | 286 Views
Automated Payment System. Benefits. There is minimal training needed. No expensive equipment necessary. You can maintain your existing banking relationship - - no need to change!. Save on NSF banking fees or re-depositing costs. Clear returned checks faster.
E N D
Benefits • There is minimal training needed • No expensive equipment necessary • You can maintain your existing banking relationship - - no need to change! • Save on NSF banking fees or re-depositing costs • Clear returned checks faster • Gain better control of your money • Customer friendly • Very low transaction fees compared to banks’ NSF check service fees
About Us Team • Started in 1996 by individuals with the desire to make the ACH Payment Network more user friendly and efficient. Current • Process tens of thousands of transactions per day • Member of NACHA, American Collectors Assoc.
Our Network • VIRUS PROTECTION • ENCRYPTION SECURE • STATE OF THE ART TECHNOLOGY • DATA STORAGE • FIREWALLS
ACH NSF The EFT System The System • It’s a new internet based check recovery system used to collect funds against Insufficient Funds paper checks. Important Facts • Secure - uses 128 Bit Encryption • Able to process Unlimited transactions • User Friendly
More control of your finances. Receive your payments on time, all the time. • View transaction status on-line, no more bank statements or paper checks in the mail. • Transactions easily re-submitted for payment. • Guaranteed results.. No risks involved • Concise reporting on-line in real time • Add, Edit or Delete payment information on-line Features
NSFdeposit.com Homepage • Go to your browser and access the web-site www.NSFdeposit.com • Click on the ‘Customer Login’ link on the left navigation
Logging In Member Login • Enter the secure member’s only fields • User Name • Password • Click ‘Log In’
Important Messages Navigation System Main Navigation Navigation Menu
User Manager – Add, Change or Delete a user name or password • Search Transactions – look up a specific transaction • List uploaded files – view uploaded files • Results – view settled files • Combine Re-submit system – re-submit multiple files at once, in a single file Click to Enter Automated Payment System • Daily Returns – view returned transactions spanning all files received on a given day or date range • View uploaded files – view or re-print a file previously uploaded • Customer System – look-up information or transaction data that your customer has processed • Fax Report – reprint reversal reports or billing faxed to you • Routing Number – look-up ABA/ Routing Numbers by name or ABA number Main Menu Navigation
Begin Processing • Once you select the Automated Payments option you will presented with the Main Menu. • The Main Menu supplies you with all options available in our Automated Payment System. • Select the Data Entry option, this will enable you to enter in customer information and set up payment schedules. Automated Payment Main Menu
Customer Profile Customer Profile Payment Schedule
Customer Information • Customer Name • Address • City, State, Zip Code • Phone Number • File Code • Bank Routing # • Enter client info once or upload it!
Payment Schedule • One-time or multiple one-time transactions • Weekly or alternating weekly transactions • Monthly- once or twice a month • Bi-Annual and • Annual transactions
Confirm & Create Batches Confirmation • One-time or multiple one-time transactions • Weekly or alternating weekly transactions • Monthly- once or twice a month • Bi-Annual and • Annual transactions • Create Batches • Types of transactions • Choose start/end dates
Results Results • View a listing of all your files ‘pending’ • Includes.. File Date, Name and Time Batches • Click on the file name to view the items in your batch file
Why Use EFT System ? • Improved receivables by as much as 37% • Access your files anytime, anywhere • Increased organization and control, less paper record keeping • Offers convenience and security with 128 bit encryption technology, unique user ID and password • No additional equipment to purchase • No expensive software for you to buy • No special training for your merchant • Images are stored for you or your merchant and are available 24/7
Summary The EFT Payment System • Automated On-line Payment System • Process transactions for multiple companies • Unique file identifier for each company • Secure encryption technology • More versatile than our PC based system • Enables clients to create new revenue stream in transaction processing and recovery