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Press Releases
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Returned Check Processors Private Label Online Solution
transmodus.net offers returned check processors a private label
online solution that removes labor, and lowers transaction fees
Oxnard, CA; April 18, 2005 - 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.
"Itīs 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 canīt 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.
About transmodus
transmodus provides an on-demand solutions platform that delivers
verification, electronic recovery and secondary collections. The
functionality available can service small business, franchise,
mid-market and enterprise level client requirements as well as
provide a complete processing platform solution for collection
agencies and bank partners. JUSTCHEX has positioned itself as a
leader by listening carefully, thinking ahead and moving forward
with purpose to provide clients and processing partners with access
to the best on-demand processing solutions. transmodus is a
registered service mark of JUSTCHEX, LLC. JU$TCHEX is an IBM
business partner.
For more information please visit http://transmodus.net, or call us
at 805-604-4472.
Contact:
press@transmodus.net
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