November 4, 2020
The word “remittance” is a broad term used in the financial industry. Remittance usually refers to money that is sent or transferred to another party as payment for goods or services or foreign transfers (inwards or outwards) to and from individuals in other countries. It is derived from the word remit, which means to send
October 20, 2020
Lockbox processing is a service offered by third-party vendors and financial institutions to simplify and automate the handling of customer mailed-in payments. Lockbox processing is also known as remittance processing service or payment processing service. Lockbox processing services route and handle mailed-in payments for reconciliation to a client’s host system and prepare them for deposit.
Do you… need to read payor information from checks? receive plenty of checks-only payments that require verification? want to add search parameters to aid in verifying the correct information for check payments? RTL has a solution for you…. PAYOR READER is a feature that allows the RTLFiRST system to read payor information from checks. Features
Do you….. -want to eliminate repetitive paper based manual search process? -want to save time in searching for the physical stubs? -need to generate stub/check images of archived/un-archived batches in PDF and/or multipage TIF format? RTL has a solution for you… DISTRIBUTION MANAGER® (formerly RTL PDFManager) is a tool that allows RTLFiRST users to generate
ClickList® -This module is designed to easily and effectively process list payments through the use of OCR technology. -It allows operators to define which fields they want to read off the list and through these defined fields, create virtual stubs. -RTLFiRST users simply have to do a “one-motion/zone-in” of the column(s) that needs to be
Do you…. -accept 3rd party payments in the form of a check or electronic list? -spend a lot of your time manually processing these payments? -notice these electronic files from 3rd party providers have missing key information? -have a quick and easy way to setup and handle the different e-file formats from these 3rd party
RTL STRIVES TO BE THE LEADER IN PAYMENT PROCESSING SOLUTIONS.
We are reliable, innovative, and accomplished single source provider for all your payment processing needs.
7740 Painter Avenue, Suite 100
Whittier, CA 9060
Main Phone: (626) 838-5000