ACH Payment Processing The benefits of Infinity Data's Automatic Recurring Debit ACH/EFT program include the convenience of a recurring debit transaction without having to process paper checks, last account reconciliation, or trips back and forth to the bank.
The Bottom Line Convenience of ACH Check Processing ACH processing is perfect for any business
that wants to accept check payments over the phone or set-up an Electronic Funds Transfer (EFT) recurring debit transaction. The benefits include the convenience of a completed transaction without having to process paper checks, reconcile accounts, or make trips back and forth to the bank. Plus Non-Sufficient Funds (NSF) items are automatically resubmitted two additional times for deposit.
How the Telephone ACH system works You simply record the customers checking account information and the amount using our secure Virtual Terminal, right from your desktop. You can also establish a recurring debit arrangement where your customer deposits funds directly into your account at the same time each month. Multiple individuals may run transactions within your company from their own desktops, view transaction histories and print customizable reports.
Reduced Bank Fees For Paper Check Handling Costs Besides the operational benefits of not having to handle paper checks, you’ll also increase your income by reducing your bank charges and fees.
Online Reporting For At-A-Glance Account Management Infinity’s Online Reporting System gives you the ability to track ACH/EFT transaction data and be quickly notified of any transactions that get returned for insufficient funds (NSF).
Streamline Your Check Processing Operations You’ll never have to photocopy or look for another lost check. Hand written deposit slips are eliminated as is the problem of storing checks. Begin saving time and money NOW with the Infinity Data Automated Clearing House and Electronic Funds Transfer Check Processing Solution.
To learn more about the benefits of ACH and EFT Check Processing or to open an account with Infinity Data, please use our contact us link or for immediate assistance call toll free 1-866-746-8931.