Any business or non-profit organization can improve its operating efficiency and save money by using readily available ACH/EFT tools. The number of payments made electronically increases every day – many utilizing the affordable convenience of the banking system’s Automated Clearing House (ACH) System. ReliaFund knows that if you increase the number of payment options available to your customers, you will also increase the number of customers you have. We offer a complete suite of flexible, electronic payment services and can have you up and running in a day or two, all without disrupting your current banking relationships.

Recurring ACH Transactions
ReliaFund Automatic Payments provide the ultimate in cost effective, paperless processing. We provide a private and secure web access from which you arrange regular, electronic payments from your customers - on whatever schedule you need. If a customer’s payments are for the same amount each cycle, you can use our “set it and forget it” feature. With no further attention from you, payments can continue for a set number of times or until you instruct them to stop. If you need to change payment amounts from time to time, or every time, it’s quick and easy. Renewals become automatic and late payments become a thing of the past. If your existing software creates the transaction, we can process it quickly and easily. If not, use ours at no extra cost. Recurring transaction services include:

• Automatic Collections
• Automatic Payments
• Direct Depositing Payroll

Electronic Check Deposit Services
Accepting checks can be costly and risky for business and consumer alike, but appears to be a payment method that is here to stay. Accepting credit cards payments might reduce the risk but will certainly increase the cost. Converting paper checks into electronic transactions can dramatically reduce processing costs and improve overall safety. Checks accepted at the point of sale, payments received in the mail, and even checks returned NSF can be readily converted to electronic deposits. Once converted, NSF checks can be presented for collection more times than paper checks. Retailers receiving one-time payments can add check verification services and even insure their collection if bad checks are a problem. Electronic check services not only let telemarketers and web based businesses reduce their dependence on credit cards but expand their reach to the 50 to 80 million customers that do not have or will not use credit cards. Check conversion is affordable, will save you time and eliminate extra trips to the bank.

• Check Conversion for recurring receipts (ARC)
• Check Conversion at POS for retail market
• Checks by phone, web, or fax (WEB and TEL)
• Convert Checks returned NSF (RCK)
• In-house lock box processing
• Check verification and guarantee services

Credit/Debit Card Processing
By partnering with one of the largest credit card processors in the world, ReliaFund can offer businesses and nonprofits of all sizes exceptional pricing and the newest technology for this valuable service. You receive the best possible pricing without the addition of extra fees or commissions. ReliaFund will always work to make your operations as efficient as possible.

Direct Payments
ReliaFund’s web based ACH solution gives you maximum flexibility in processing one-time or recurring payments. Payments are collected directly from your customers account and deposited in yours. Simple, secure, inexpensive, and on-time, ReliaFund brings you a tool that pays for itself many times over as you reduce your postage and other administrative costs. Processing an Automatic Payment with ReliaFund typically costs less than the postage it takes to send out the bill, and much less than a comparable credit card payment.

• Reduce processing costs! Provide customer convenience!
• Add a marketing edge! Improve cash flow! Improve profit!
• Eliminate lost receipts! Eliminate possibility of identity Theft!
• Eliminate late payment reminders and receivable balances!

Electronic Disbursements
Printing and mailing checks is costly. ReliaFund’s web-based ACH service enables you to electronically pay your customers that have agreed to receive direct payments. Your customers know their payment will arrive on time and really appreciate the convenience of this direct payment method.
Eliminate postage and check! Make bank account reconciliations a breeze!
Reduce bank charges!

Direct Payroll Deposit
Whether you are a business or payroll processor, we can process your payments directly into the employee’s bank account. Businesses everywhere now employ this ACH feature for the good of the employees and the company. Over 95% of all government employees get paid this way. Replacing lost checks and employee deposit runs are eliminated. The cost savings are substantial for all involved and productivity doesn’t suffer just because its payday.

Check Scanning and imagining
With ReliaFund services, businesses can now quickly and easily convert point of sale or mail-in check receipts to electronic deposits. Whether you have thousands of checks to deposit or are a retailer with one-time payments, you can take advantage of check conversion. Depending on volume and speed required, we have scanners to meet every check conversion need. Once scanned, checks are eliminated from further handling. The advantages are many for this cutting edge technology.

• Reduces handling costs! Speeds access to collected funds
• Reduces trips to the bank
• Reduces NSF experience! Reduces identity theft risk
• Checks can be verified and guaranteed

Checks by Web, Phone, and Fax
ReliaFund’s web delivered service can help you accept payments directly from your customers account at a substantial cost savings over credit card processing. Multiple operators can process simultaneously at different locations making deposits in multiple bank accounts - all under your single consolidated account.

In-house Lockbox Processing
If you have ever used a lockbox processor to handle your deposits, you know its expensive. By converting checks to ACH payments yourself, you can significantly reduce your processing costs.

Check verification and guarantee services – For retailers, the ability to verify the legitimacy of a check at the point-of-sale can be a life saver. Some retailers want a guarantee that the check won’t be returned NSF after the service or goods have been delivered. ReliaFund can provide this valuable service to any size retailer at competitive rates.