Check21PLUS Suite
Overview
EFT Network’s (EFTN’s)
Check21PLUS Suite provides Financial Institutions of any size to take
advantage of the efficiencies of Check 21. Check21PLUS Suite provides
financial institutions with the ability to market and resell our Accounts
Receivable Conversion (ARC) and Back Office Conversion(BOC) / Check
21 solutions to your commercial customers. Check21PLUS Suite, for both
banks and your commercial customers, lowers costs, improves operations
and services, accelerates clearings, and strengthens banking relationships.
Technology Behind Check21PLUS
Suite is powered by a hybrid,
“patent pending” web-based, check deposit system that
processes and deposits all types of paper items as electronic transactions
or substitute checks, better known as IRD’s, all through a single
point of entry system. Check21PLUS Suite easily interfaces with our
complete line of desktop scanners to capture and transmit images/micr
data via our system, plus can clear through multiple end points.
Selling To Banks
Financial Institutions can strengthen
their existing commercial banking relationships and attract new relationships
at their bank locations by marketing Check21PLUS Suite, and our other
ACH and electronic check processing solutions. EFTN can customize
and private label our Check21PLUS Suite marketing brochures as if
they were your own, for resale to your commercial customers who have
multiple locations, who need fast clearing and availability of high
dollar checks, and small retail customers who want the convenience
of remote deposit capture.
Selling To Retailers
EFTN leverages its Check21 capabilities with its BOC solution. Check21PLUS
Suite allows financial institutions to provide their commercial customers
to use Check21PLUS as a BOC/Check21 solution, designed to accept all
types of checks, either at the point-of-Acceptance (Retail such as,
grocery stores, c-stores, department stores, medical facilities, and
companies) or at manned bill payment locations, and convert them into
electronic transactions, in the back office. Retailers who utilize
Check21PLUS Suite can speed up the check out process, eliminate desktop
check scanning equipment and signatures for conversion at the point-of-acceptance.
Financial Institutions