Printech Simplifies Electronic Payment Processing in the Eastern Caribbean Region
The Eastern Caribbean adopted the national automated clearing house association’s standards for processing electronic payments in March of 2010. The standard was adopted by the Eastern Caribbean after its proclaimed success in the North American market as the l
eading means for electronic transmissions taking place over an ACH transaction environment.
With these new standards set into place, people that reside or travel to the area will be able to move their money quicker, have lower business costs, and minimize the security risks that are associated with transferring their funds. The new regulations make it possible for businesses and individuals to be able to process and scan cheques electronically, without having to worry about the hassles that are circulated around older processing systems.
Cheque scanning solution
The implementation of the cheque scanning solution was supposed to simplify the payment processing method for everyone in the Eastern Caribbean. The problem is that this electronic payment processing system requires some fine tweaking when it comes to its MICR line. Even though the brand-new regulations and implementations of the new cheque scanning and electronic processing systems have been put into effect, the truth is that consumers still require the assistance of outside companies to help them with their electronic processing and cheque scanning needs. This is where Printech Global Secure Payment Solutions come into the picture.
Printech Global Secure Payment Solutions offers a unique CheckPlus cheque writing system that gives businesses a convenient means of printing cheques, issuing refunds, dividends, financial statements and other secure documents. The software is essential for medium-sized businesses, large corporations, financial institutions, and government agencies. The software program offered by Printech follows all the new regulations that were set forth in the Eastern Caribbean in regards to their brand-new cheque scanning and electronic payment processing standards.
Printech has been in business for over thirty years. All the operations are managed out of their headquarters, which are located in Miami, Florida. Printech has helped small and large organizations across the globe to implement their CheckPlus laser printing software and ACH solutions to help to streamline their businesses cheque printing ability and improve payment options.
Printech Global Secure Payment Solutions supports over one hundred banks and insurance agencies around the world. The CheckPlusCFO software makes an influential impact on the way that your business handles its everyday financial operations. By streamlining the way that cheque scanning and electronic payment processing is performed within your business, you will increase your business’s revenue tenfold.
Printech Global Secure Payment Solutions is the only financial electronic payment processing business that specializes in providing secure payment customized software programs in multiple languages. By offering numerous language customized programs, Printech can adhere to the needs of business owners all around the world. A few of the languages that the customized systems are available in are Spanish, French, Russian, and Portuguese.
Understanding the new Eastern Caribbean cheque scanning and electronic payment processing systems can be difficult. The cheque scanning solution was supposed to make implementation of this system easier, but it has its problems as well. Printech can help customers understand how to be able to use the systems to the advantage of their businesses.
Read update on the Payment System Rules 2014 for Eastern Caribbean Electronic Payment Processing. (Ref: SRO.-No.-63-of-2014)
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