Payment Processing

The VisiCheck™ system captures check information in any environment including: single & multi-lane register confgurations or in the back offce. We provide: Check conversion, Check imaging, remote deposit capture, remittance processing, lockbox processing, and customized verifcation and velocity. When VisiCheck™ is combined with eRecovery™ not only will you realize cost savings and improved effciency but you will generate new revenue.

Checks           ACH / Electronic Payments           Credit and Debit Cards

Checks

Check processing is an important part of any enterprise payment strategy. You need to be able to accept all forms of payment that your customers may want to use. And, you need to control risk and limit costly and time consuming returns. Check Image processing (which includes check conversion to ACH) offers extraordinary benefits to businesses of all sizes. VisiCheck™ makes it possible for everyone to take advantage of this technology.

The VisiCheck™ system captures check information in any environment from single & multi-lane register configurations to the back office. We provide check conversion, check imaging, remote deposit capture, remittance processing, lockbox processing, and customized verification and velocity. When VisiCheck™ is combined with eRecovery™ you’ll have a strategic enterprise-level payment solution that will save you money, save you time, and generate new revenue.

Benefits of using Check Image Conversion

• No more handling of checks, with electronic and automated deposit processing
• Lowers the cost of operations and deposits
• No more trips to the bank to make a check deposit
• Extended deposit cut-off times
• Single data site of shared check information
• Instant access to check image research
• Consolidated bank relationships
• Faster funds availability
• Easy to implement and easy to use

PSI’s check processing solution covers all facets of check processing in a single application. VisiCheck™ is your gateway to the electronic payments platform. This solution, as with all PSI services, integrates into our consolidated return and collection process called eRecovery™. VisiCheck™ is your single source solution for originating POP, ARC, RCK, BOC, PPD, WEB, TEL and Check 21 transactions in a single or multi-lane environment. VisiCheck™ also provides BOC.

VisiCheck™ provides the framework for you to originate these transactions while simultaneously performing verification and check image capture – all in seconds. If your organization requires a check guarantee program, PSI can provide this service as well. With VisiCheck™, you can view your transactions and images locally or through our secure online reporting tool (WIRE™).

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ACH / Electronic Payments

Automated Clearing House (ACH) is an electronic network for facilitating financial transactions for virtually every type of business or entity in the US. PSI offers ACH to our clients as direct debit – and credit - transfers that include everything from purchases at stores and consumer payments on insurance premiums, to mortgage remittance and other kinds of bills. Businesses are also increasingly using ACH to collect payment from customers online, rather than accepting credit or debit cards.

ACH payments are efficient, affordable, they are time tested and have proven to be a very reliable way for merchants, businesses, and consumers to do business. ACH transactions can be created by converting physical items such as checks into this form of payment. ACH transactions allow for rapid clearance and settlement and are often the most affordable transaction option for a business.

Benefits and Advantages of the PSI ACH Solution

• Automates and streamlines the payment process
• Automates most accounting operations
• Reduces or eliminates most bank fees
• Automates the deposit process
• Faster funds availability
• Keep your current banking relationship
• Legacy payment systems integration

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Credit and Debit Cards

PSI offers the most unique and flexible credit card and debit card processing solution available today.

Credit card processing takes many forms in today’s economy. As a business operator you must offer payment flexibility to your clients. However, due to the variety of card types that you must accept you are subject to numerous and burdensome processing charges and rules.

PSI can take the headache out of your payment processing by streamlining the procedures, implementation and support. Regardless of the kind of card that your customer uses at your store, website, or over the phone PSI will make sure that it is processed efficiently and affordably.

Industry Processing Expertise

Some unique characteristics of credit card handling change the processing model in different industries. At PSI we have experience processing credit cards for all industry types including:

• Medical and Healthcare
• Retail
• Restaurant
• Mail Order and Catalogue
• Telephone Orders
• Lodging
• Hospitality
• Petroleum
• Convenience Store
• eCommerce
• Professional Services

Credit Card and Debit Card Processing

We process all forms of credit cards including:

• Visa
• MasterCard
• American Express
• Discover cards
• Debit Cards through the appropriate ATM network

Debit Card Processing

• Access to the ATM network for debit card POS, clearance and settlement
• No interchange fees for debit card processing
• Multiple network access
• Tiered and affordable pricing model

Benefits of PSI Credit and Debit Card Processing

• The most unique and affordable pricing model available in the industry today
• Preserve your existing hardware investment by converting current devices
• Purchase, rent or leasing options for hardware
• Website credit card processing expertise including payment pages, site design and seamless integration to your website.
• Integrated Point-Of-Sale (POS)& (POP) transactions
• WIRE™ reporting - Web Information Reporting Environment. On demand and in depth reporting of all activity

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