ACH Origination

PaySimple allows you to deposit paper checks as if they were electronic funds and accept checks over the phone —instantly and from your computer! That means you never have to go to the bank to deposit checks again.  This is more commonly referred to as “remote capture” or “lock box processing”.  With PaySimple you just enter the check information into a secure online terminal, submit it, and the money is yours.


Your customers will appreciate the convenience too!With electronic check (or e-check) processing they can give you the check information over the phone, or submit it via an online form. They no longer need to pay postage!

 
PaySimple Electronic Check Processing Allows You To:
 
  • Automatically convert paper checks into an electronic transfer via Federal Reserve Bank’s Automated Clearing House (ACH) system
  • Turn your computer into a “virtual cash register” and accept payments by phone or in person
  • Get real time information on the status of all your transactions
 
This enables your business to:
 
  • Improve cash flow with quicker access to your money
  • Save your customers time and money
  • Increase on-time collections
  • Receive 48-hour notification of NSF
  • Eliminate manual reconciliation of insufficient funds
  • Eliminate time-wasting trips to the bank

 

 

 
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