You can use it to perform electronic debits, credits, and perform direct deposits for payrolls. It is a complete system. No deposit preparation or transportation expenses. Eliminate bank deposit fees. No lost or stolen checks to worry about.
Electronic items have priority over paper checks.
Funds are electronically deposited within 48 hours. Daily reporting of all transaction results. Speed of deposit dramatically improves collection rate and fraud control. Eliminate NSF bank service charges. NSF checks can be recovered within days as opposed to weeks or months.