ELECTRONIC BANKING SYSTEMS
EFT ACH PROCESSING
EFT SOFTWARE & ACH PROCESSING
SYSTEMS!!!
DOWNLOAD THE EFT DEMO DISK!!!
ABOUT EBS:
EBS
is a leader in Electronic Funds Transfer - EFT - processing and in
the sales of EFT systems, software, and services!
Last
year over 4 billion electronic transfers are transmitted through the AUTOMATED
CLEARING HOUSE (ACH). The ACH processing network is the electronic
banking sytem through which all electronic commerce is conducted in the
United States. Over 95% of the nation's banks belong to the ACH - including
the Federal Reserve. All EBS processing is conducted through the
ACH.
EFT
is known by many names - electronic checking, automatic payment, direct
debit, etc. A broad definition of Electronic Funds Transfer is that
it transfers funds from one bank checking or savings account to another
bank checking or savings account. The key to this EFT transfer of
funds is that the transfer is always authorized and a record is
kept on file ot that authorization.
There
are two basic types of EFT:
-
Debit
EFT: the merchant or client debits a customer account and receives
on time payment!
-
Credit
EFT:
the merchant or employer credits a customer or pays employee wages by EFT.
OUR EFT SERVICES:
-
EFT
- the basic processing service that transfers funds into the merchant's
account from the customer account - on time payments!!!
-
Direct
Deposit - the electronic deposit of payroll funds into your employees'
account on payday or tocredit an account such as a payday loan company
might want to do.
-
Electronic
Check Representment - turns a paper NSF check into an electronic
check for collection. This is the best way to collect on a paper check
- fast, efficient, and cost effective.
-
POS
Check Truncation - turns a paper check into an electronic check
at the point of sale - the cash register.
-
Lockbox
Truncation -
turns a paper check mailed into a merchant into an electronic check - brand
new ACH pilot program that promises to be one of the hottest in the electronic
check services industry.
-
CheckFaxx
- take
checks by fax, checks by phone, checks by internet - no signature needed
and this software package manages the whole system for you.
Contact
EBS For More Information:
CALL
@ 732 888-3898
FAX
@ 732 888-9084
Email:
SALES