Online Payments

Electronic Lockbox

Our Electronic Lockbox provides your customers the ability to pay their invoices directly to your company using ACH and/or Credit Card. Electronic Lockbox allows the payer to schedule and store payment information while providing a receipt and a confirming e-mail with full audit trail back.  In addition, Electronic Lockbox links to our access system providing real-time reports for your company a transaction-by-transaction basis.

Our Electronic Lockbox also collects the billing information on a payer account basis and creates a customized account receivable posting report that can be uploaded you’re your company’s receivables system.

With our Electronic Lockbox program, we can help you strengthen your relationships and improve your receivable collections. Use of this service will reduce wait times, improve accuracy, reduce risk and give your customers the speedy service they expect and provide your company with the efficient processes you need. We accept VISA and MasterCard and most debit networks. n order to accept Credit Card payments with the Electronic Lockbox Service, an agreement with a Merchant Services Provider is required with Metavante, our processor.

You are able to offer the same superior products, services and support with the added benefits of using this method of payment. When you accept on-line payments you will have the ability to:

* Offer a new option for receivable collections
* Improve customer service
* Offer significant convenience to your customers
* Reduce your accounts receivable
* Decrease operating expenses
* Improve collections of your receivables
* Reduce expenses and time involved in collection process

For more information, call our Trusted Industry Experts at (847) 304-5940 or email service@mymanagementadvantage.com