Oxnard, CA – JUSTCHEX, LLC, the leader in on-demand processing of returned payments, announced today that it is now offering electronic RCK/PPD and RCK/Draft as a private labeled online solution. This on-demand processing platform (transmodus.net) effectively automates the entire returned check, ARC and ACH process. It also provides formatted secondary collection files. All of these processing services are provided at highly competitive per transaction rates. In addition to inclusive returned payments processing, clients of the transmodus processing partner can access this secure online solution to view and download real-time reports, submit an item, or utilize one of many online CRM tools that includes the option to issue a real-time customer refund.
?It?s no secret that check processing has become a highly competitive business. That is why we are always open to explore ways to improve our processing efficiency. When we looked at transmodus I liked the fact that we could try it out first with a few clients before making any real commitment. That gave us the time to confirm any cost reductions, improved processing efficiencies and quality of services before moving more clients over. As a result, we were able to cut our cost per transaction by more than half and provide our clients with a better solution and with more service options by converting to transmodus. Our client sites are private labeled so when they login to view real-time reporting they see our logo, our message and our customer service contact information. This has been great, I can?t imagine going back to the processing methods we used previously,? according to Jake Aidlin, Operations Manager for protect-a-check, Inc.
The cost and time to initiate the private label service are minimal. In most cases, processors using popular check collection software can transfer their data and resume processing without any down time.