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It is estimated that more than 135 million people use Direct Deposit to
receive a payment.
EFT is safe, secure, efficient, and much less
expensive than paper check payment.
Providing electronic fund transfer is easy when its a single transfer
of funds involved but what if you want to send hundreds or thousands
of payments.
Royalty Payments
Insurance Payments
Accounts Payable
Payroll
Refunds
Rebates
Investor Payments
Any Distributed Payments
That's where
JC eFunds comes
in; we provide the total solution.
1. Marketing and Processing
to enroll Payees
2. Build an interface to your
accounting system
3. Provide you with local
reporting for control
4. Build an Information
Database
5. Vendor File Layout
6. Sample File Testing
7. Pre-note Rejection Testing
8. Credit and Debit
Management
9. File Reversals Management
10. Maintenance and Follow-up
11. Automated E-mail
notifications
What are the benefits?
EFT Credits are good when
received
EFT Credits can be
reoccurring each payment period
EFT Credits are received on
day and posted the next
EFT Credits can be
distributed from several accounts
EFT Credits eliminate lost
and stolen checks and stop payments
EFT Credits eliminate mail
and or courier service
EFT provides much simpler
bank account reconciliation
EFT provides direct cost
savings
Funds are debited from the
company account on a precisely known date
Funds are available on the
day they are due
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