Know the Benefits and Options of Outsourcing

If your agency is processing payments, it is likely that you considered deciding to outsource your payment processing operations. Outsourcing may be a viable option for some agencies that need support in operational efficacy. Having a third-party provider handle your...

Non-Profit

Case Study Let RTL Help You Non-profit Client Overview A well-established non-profit organization that sponsors programs to help students and families plan and pay for college The Client’s Headache The client, on a busy day, receives 8,000 payments. Most transactions...

What is Lockbox Processing?

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...

What is a Remittance Processing System?

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...

Payor Reader

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...

RTLFiRST Distribution Manager

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…...