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The below process flow chart is also available in
the downloadable Adobe PDF presentation.
Click here to download.
The ePayed™ process is unique. After receipt of an
NSF check or ACH return, it is entered into our
system where it becomes an electronic item and is
sent through each of the processes without paper.
The first re-presentment is shown in the chart
below. When the item comes back paid the Client
receives
a deposit in the amount of the check or ACH.
If a second re-presentment is required, our call
center receives the item electronically to put into
the
queue for funds verification. Once verified the 3rd
and final re-presentment is made. Once again when
funds are paid a deposit is made to the Clients
account.
In the event funds are not recovered electronically
(closed account, stop payment, etc.), the item may
be sent electronically to our conventional
collections service for professional recovery.
We keep it simple, but monitor each step in the
process for maximum collection for all Clients. In
most
instances eCS earnings are directly related to the
success of our rate of recovery for our Clients.
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