High Risk Merchant Account Services-offshore Merchant Account
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Share: Proven technologies that deliver value to banks
, credit unions, processors and their customers.
CardCommerce Merchant Account Services value to banks, credit Unions, processors, and their customers by providing proven payment Technologies. With two patents and billions of checks processed, CardCommerce Merchant Account Solution Group helps you win new customers, grow deposits, and deliver ongoing value to your business customers.
CcNet Merchant ICL Solution
Receiving and processing Image Cash Letters (ICLs) from corporate customers and
Correspondent banks is a critical capability for financial institutions in this era of check
Electronification. Many companies that receive large volumes of checks have invested in
Imaging technology, such as remittance processing systems that support generation of
Electronic deposits. Electronic deposits increase the efficiency of check processing by
Eliminating the encoding pass and providing more rapid access to funds
Image-enabled companies and correspondent banks are seeking financial institutions that can
Accept and process ICL deposits. Support for ICL processing allows you to attract large
Corporate customers and correspondent banks and is critical for success in the electronic
Check payments marketplace.
CcNet Merchant Account provides you with the ability to offer business customers a
Comprehensive, on-demand electronic check payment solution for ICL processing. The CcNet
ICL solution allows you to securely receive, qualify, and reformat image deposits from
Corporate customers and image cash letters from correspondent banks. The ICL Solution can be used to facilitate truncation of work from your internal image Operations as well, such as lockbox, Image POD, and ATM processing, by connecting these Systems to electronic clearing alternatives. The CcNet ICL solution includes data and image Integrity validation, batch balancing, image quality analysis, image optimization, format Conversion, and intelligent routing for processing through Check21 or ACH channels. The CcNet ICL solution utilizes a secure and proven technology platform managed by experienced personnel. CcNet Payment Services supports many of the worlds largest cash Management banks and provides the people, processes, and technologies to meet the unique Needs of each financial institution.
Management Services:
Installation and configuration within a highly-secure, SAS70 Type II certified
Data center
Complete disaster recovery and full redundancy
24x 7 systems monitoring to assure receipt of ICL deposits and creation of output
And posting files
Notification of exceptions and adjustments
Management of file resends
Technical support via phone and email
Professional Services:
Initial implementation and configuration
On-site initial training with web-based training for subsequent service release
Customer setup and incoming file certification (fee applies)
Development of custom interface to enable clearing of electronic deposit files
Enablement of ACH clearing
Dedicated application instance/environment
Custom development
Benefits
Increase deposits by attracting High-volume, image-enabled Corporate customers
Leverage a proven, on-demand ICL platform supported by robust Technology and experienced
Personnel
Extend your correspondent cash Letter business outside your Geographic footprint
Reduce internal paper check handling costs by accepting Electronic deposits
Provide valuable service to corporate clients without incurring the cost of installing,
Managing, and supporting an in-house Application
Service Capabilities:
On-demand Image Cash Letter Solution
Includes Image Quality Analysis (IQA) to reduce errors and processing time
Provides automatic scheduling and installation of software Enhancements and upgrades
Supports multiple output formats Including X9.37, IRD, and ACH (ARC and BOC)
Protects sensitive customer Data with secure communication Protocols
Contact us at : sales@cardcommerce.net
http://www.cardcommerce.net
Created By:Suresh Sarode SEOby: suresh sarode seo
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