Client companies will be able to customize their accounts. I might have different payment terms with you than with other suppliers, but I can set it up so when I do business with you, here are the terms. Chin also stresses the security built into the system and its advantages over the public Internet. This network is inside EDS, so it's a more secure environment. The benefit of this is that companies enjoy a high degree of certainty that they know who they're dealing with, a luxury the Internet often lacks.
Businesses can sign up through their banks.
Each participating bank will offer accounts as part of its own package of business products and will brand the service with its own name. CCHA is a non-profit organization that provides check clearing for approximately 600 banks throughout the Midwest. EDS, founded by Ross Perot in 1962, offers business consulting services. Its goal is to help businesses operate more efficiently and find new markets. All rights reserved.