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Automated Clearing House (ACH), a federally regulated electronic payment network, provides a safe and reliable method to move money electronically. Used by 95 percent of U.S. financial institutions, ACH enables you to learn of your return items 3-5 days faster than traditional methods, lowering your check processing costs and return fees, and eliminate the printing of checks and drafts. From ACH checks by phone to point-of-sale or lockbox conversion, Solutran has the solution you're looking for.

ACH Products and Services

- Accounts Receivable Conversion (ARC)
- Back Office Conversion (BOC)
- Electronic Phone Check (TEL)
- Internet-Initiated Entry (WEB)
- Point-of-Sale Check Conversion (POP)
- Re-Presented Check Entry (RCK)



Accounts Receivable Conversion (ARC)
Solutran's Accounts Receivable Conversion (ARC) service is ideal for companies that receive a high-volume of checks from multiple locations. Account information is captured from a paper check and converted to an electronic transaction, which is then presented and returned through the ACH network.

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Back Office Conversion (BOC)
Solutran offers two approaches to back office conversion, SPIN™ and standard Remote Capture.

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Electronic Phone Check (TEL)
Electronic Phone Check (TEL) enables you to accept check payments over the phone by processing the transactions electronically using the ACH network.

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Internet-Initiated Entry (WEB)
Internet-Initiated Entry (WEB) enables you to accept check payments via the web using the ACH network.

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Point-of-Sale Check Conversion (POP)
Solutran's Point-of-Sale Check Conversion (POP) services combines the benefits of paper checks with the convenience, speed, and security of the ACH network to automatically convert consumer checks into electronic transactions at the point-of-sale.

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Re-Presented Check Entry (RCK)
Re-Presented Check Entry (RCK) of NSF Checks enables you to collect on NSF checks electronically via the ACH. You can enhance your money recovery strategies, reduce bad debt, and save operating time and money.

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Comprehensive Online Reporting
Solutran Online Account Reporting (SOAR) system provides secure internet access to all of your account information directly from your PC. Access our inclusive reporting package, view images of source documents, and monitor details of all your deposited and returned items.

 

To request a sample report, or for more information, please email solutions@solutran.com or your sales representative.

Phone: 763.559.2225     Fax: 763.559.8872     Email: solutions@solutran.com

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