 GT
Payment Solutions
Offers cutting edge financial resources for businesses and their customers.
We offer an incredibly efficient way to streamline cash flow, a full
range of cash management solutions including: NSF collections by RCK
or ACH, EFT’s, Direct Deposit, Full Back Office and Lock Box Services,
Electronic Checks, Credit Card and Debit Card Processing, The Safe-T
Pay Card , and a Full Service Virtual Terminal. Contact us for details!
We are looking for qualified agents and brokers to handle the placement of GT Payment Solutions products with companies who are looking for smarter ways to manage their financial needs. Our state-of-the-art technologies and banking procedures makes us extremely competitive in this market. If you are ready to join a dynamic and growing team, please click here.
What are some of the services offered through GT Payment Solutions? Select
an item below to view an answer or scroll down the page to
view all answers.
ELECTRONIC
CHECK REPRESENTMENT (RCK)
CENTRALIZED CHECK RETURNS (CCR)
ADVANTAGES OF CENTRALIZED RETURNS
ONLINE REPORTING
VIRTUAL TERMINAL PROCESSING
SET IT AND FORGET IT PROCESSING
REPORTING
ACCOUNTS RECEIVABLE CONVERSION
EFT AT THE POINT OF SALE
UPLOAD AND PROCESS CHECKS
BACK OFFICE CONVERSION
PERFECT WAY TO CENTRALIZE BANKING
AUTOMATIC
ELECTRONIC PAYMENTS
TAKE
CHECKS BY PHONE OR FAX
Q~CHECK
MAJOR FEATURES
WAVE
OF THE FUTURE
ALREADY HAVE PROCESSING?
ELECTRONIC
CHECK REPRESENTMENT (RCK):
RCK, electronic check representment,
is our state of the art web based NSF Check Collection system. Effective
without expensive scanners and guarantee programs, RCK is designed for
Businesses who want an affordable solution for NSF check collection.
We do all the processing right from our Offices in Omro, Wisconsin and
distribute the collected funds to our Clients with Industry
Leading Speed.
RCK
merely involves the changing of a paper NSF check into an electronic
check and processing it through the Automated Clearing House (ACH) to
collect on the check. 100% of the face can be collected with proper
authorization. Clients either can authorize the bank to send any NSF
Checks directly to G & T Payment Solutions, or authorize us
to use our centralized banking system to have all returned check items
returned via our web bank system. This is called Centralized Check Return
(CCR)
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CENTRALIZED
CHECK RETURNS(CCR):
With CCR all returned checks come through our centralized Bank. Our
bank turns the return items into a scanned viewable check and a data
file that will be made available to you on our website.
 CCR
RESULTS IN NO BANK NSF FEES TO THE MERCHANT:The merchant's
bank is cut out of the picture and therefore does not charge a return
fee to the merchant - big savings! The centralized bank is reimbursed
for the check but there is no NSF charge - just the low centralized
check return cost.
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ADVANTAGES
OF CENTRALIZED RETURNS:
- Returns
are received in 2-4 days - much faster than waiting for them to
go back to your merchant's bank which usually takes 7-14 days.
- Merchants
will not be charged an NSF fee from their bank for the returned
item.
- Check
verification systems can be updated much faster.
- Returned
items can immediately represent the item online at our secure website
or you can download a data file to import into our software to represent
the items.
- An
image of the check can be downloaded to save per NACHA requirements.
- No
expensive imaging equipment to buy to convert paper checks to an
image.
WEB
BASED SYSTEM:
The system is totally web based. We upload the eligible
returned checks to our web based servers in order to collect the face
amount and authorized fee amount. We process all items for
electronic collection.
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PAYMENTS
DISTRIBUTION:
All collected funds are electronically distributed to the proper channels. The
business receives 100% of the face amount. . This method is up
to 85% effective in the 1st 30 days. That is up to 35% more effective
than traditional methods and faster. There are many other advantages
to RCK including, you no longer pay bank NSF fees for the
business. Writers of NSF Checks may incur less fees as well.
ONLINE
REPORTING:
Detailed reporting is available online for every transaction. Businesses
can log in and have access to their own reports and see the collection
progress of all of their returned .
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VIRTUAL
TERMINAL PROCESSING:
Our Credit Card and ACH processing systems use online Virtual
Terminals to mange and control the processing.
THE
CONTROL PANEL:
The heart of the system is the control panel that enables companies
to manage all transactions. Enter clients, set up transaction
dates, length of time for a customer to be debited, entire history of
transactions, everything is contained in the control panel.
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SET
IT AND FORGET IT PROCESSING:
Out set it and forget it processing enables companies to put
set up their clients for credit card or ACH payments and have the client
account debited every month, or week or whatever for a finite period
of time, one time, infinity, or whatever. Total flexibility and
different combinations can be used.
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REPORTING:
Total reporting on every item is available. Reporting works
in conjunction with the control panel to enable the merchant to have
extraordinary control over the process.
ONLINE
DEMO:
Contact us for an online live demo and see the hottest processing
combo for ACH and credit cards in the industry.
Remote
Deposit or Back Office Conversion is the hottest topic in ACH Processing.
The term relates to the process of converting checks received at the
point of sale or checks received by billers in the mail. In these processes
the checks are converted in the office using a check imager or scanner
and uploaded to our servers via a web connection.
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ACCOUNTS
RECEIVABLE CONVERSION:
Checks received in the mail or at a payment center can NOW
be converted into electronic items to debit the customer account and
credit the merchant account. The check items are scanned by
an imager connected to our WEB based conversion system. Once
inspected for accuracy the checks are uploaded to our servers.
We debit the bank account of the check writer the next morning and
credit the account of the merchant.
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EFT
AT THE POINT OF SALE:
Checks received at the point of sale can be converted in the back
office using our Electronic Funds Transfer POS service.
In
this service all checks received at the POS cash register are authorized
for EFT by obtaining the customer signature on the check. Once
properly authorized to collect the face amount of the check and a fee
if the face amount is NSF the check is saved by the merchant.
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UPLOAD
AND PROCESS THE CHECKS:
Later in the day all checks collected by the merchant are uploaded
using an imaging machine connected to the web. Once uploaded the
checks are converted into electronic items and processed through the
ACH.
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BACK OFFICE CONVERSION:
Does your business receive large quantities of checks in the
mail? Accounts Receivable Conversion (ARC) may be the payment solution
you have been looking for.
ARC
changes a consumer check received in the mail into an electronic check,
or Electronic Funds Transfer (EFT) and processes them through the Automated
Clearing House. The ACH is the federally regulated electronic payment
network used by over 95% of the country's financial institutions.
Non-consumer items (money orders, cashier checks, etc.) are converted
into Check 21/IRDs.
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PERFECT
WAY TO CENTRALIZE BANKING:
Many companies find that ARC helps to centralize all of their locations
into one bank account. It doesn't matter where a payment center
is located. Their checks will be deposited into a designated bank account
anywhere in the country.
 HOW
DOES IT WORK?
Businesses receive checks for payment of goods or services via mail
or delivery. Checks are fed through an imager. The imager is connected
to a computer that has a web connection. Check data is confirmed for
accuracy and transferred from the imager into our web based system.
Our processing center receives the check data and processes all consumer
check items through the ACH We convert the non consumer items into Image
Replacement Documents and deposit them. The check writer's account is
debited and the business account is credited in 48 hours.
THE
SYSTEM IS RELIABLE AND FAST:
The system is extremely reliable. Checks input into the
imager and submitted to our processing system are deposited into your
bank account the day after they are debited from the check writer.
Every item in a batch is deposited at the same time. Accounting
is easy and straightforward.
THIS
PROGRAM IS ALL ABOUT SPEED AND SAVING MONEY - YOU GET YOUR MONEY A LOT
FASTER AND IMPROVE YOUR FLOAT TIME
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AUTOMATIC
ELECTRONIC PAYMENTS:
Electronic Funds Transfer is the basic funds transfer process
around which all other transfer services revolve. EFT is the transferring
of funds from one bank savings or checking account to another account.
Our EFT transactions are processed through a major third party processor
and all EFT transactions are sent through the Automated Clearing
House (ACH) which is the electronic network to which 95% of the nation's
banks belong to the Federal Reserve.
For
example - A health club or an insurance company debits their clients
each month for the monthly payment. They upload a transaction file to
our processing center and we process each transaction through the banking
system. We debit the customer and deposit the cleared funds into the
business account.
COLLECT
YOUR PAYMENTS ON TIME:
With EFT there is no more waiting for the payment. You submit the transaction
files and your customer's bank accounts are debited exactly on time.
And you receive complete and detailed reporting on each and every transaction.
ONE
TIME OR RECURRING:
The system is designed to enable a business to collect their payments
from their office. You can collect one time payments, recurring payments,
weekly, monthly. You can customize collection cycles.
TELEPHONE
AUTHORIZATIONS:
Our clients love to use our telephone payment system.
Just take your customer's payment information over the phone and submit
a debit through our web based system. The funds are take out of the
customer's account the next morning.
Take
Checks From Your Customers by Phone or Fax...Print and
Deposit Today...No Signature Required.
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TAKE
CHECKS BY PHONE OR FAX:
Q~Check is a check by phone or fax software that enables a business
to take their customers check by phone, fax, or email and print and
deposit the check today. No signature is required.
PRINT
AND DEPOSIT:
Just print out the checks on our software and deposit into any bank
today - no signature is required - this check draft system has been
legal for over 15 years.
TRY
IT FREE - 30 DAYS:
The software will be completely registered to your company and you can
be printing checks on it today.
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Q~CHECK
MAJOR FEATURES:
- Print
Your Customer's 1 Time or Recurring Checks
- Reprint
Or Change and Print Previous Checks
- No
Transaction Fees
- Bank
Database of Over 25,000 Banks
- Print
Check Journal Reports
- Import
Checks With Simple Text Files
- Security
Pass Code Lock
- Tech
Support by Phone, Fax, Email
- Buy
Blank Checks From Us Or Your Local Office Supply
Our
Web-Based Electronic Verification system is an actual scan of about
45% of the bank accounts in the country. The scan will indicate
that the bank account in question is an open account or not and also
if the account has a positive balance or not. You receive the answer
back in seconds and can process the check or ACH item accordingly.
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CHECK
VERIFICATION:
Check Verification is an important topic for businesses who want to
verify checks before shipment of merchandise or before submitting a
paper or electronic check for payment. Until now the best hope was a
data base of good and/or bad check writers.
ALTERNATIVE
OPTION:
If an account is not part of the database then it can drop down and
do a traditional good/bad check writer scan to determine whether it
is prudent to deposit an item or not. There is no charge for the failed
electronic Check Verification when the routing number is not in the
system. Only a charge for the traditional verification (optional service).
PINGING
FOR DATA:
Clients can search for one check at a time or can upload an
entire batch in simple text file format. The answers come back
in seconds.
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RESERVE
THE FUNDS AT SOME BANKS:
At least two California banks are reserving funds through this system. Soon
more banks will be doing it using a 24 hour reserve based on the verification
data. This gives time to send out an ACH debit to recover the funds.
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WAVE
OF THE FUTURE:
Electronic Check verification is the wave of the future. As
more banks join the system and the system improves it will become the
only way to perform verification for checks and ACH debits.
Credit
card processing allows merchants to debit their customer’s credit
card account (Master, Visa, Am Exp, Discover) for one time or recurring
debits. We specialize in Internet, Mail, and Telephone processing
using the latest in high tech VIRTUAL TERMINALS.
MAIL,
TELEPHONE, INTERNET (MOTO):
EBSEFT specializes in MOTO transactions. Transactions that occur over
phone, mail order, or internet and therefore the customer credit card
is not being swiped through a credit card terminal. Our transactions
take place over a virtual terminal on any computer that is connected
to the internet. We link with two of the most advanced companies in
the credit card industry to process our transactions to insure fast,
reliable, and price competitive processing.
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VIRTUAL
TERMINAL:
For the network that processes the transactions we use an online Virtual
Terminal. The terminal is accessed by logging in to a secure network
and once logged in you can perform individual transactions, upload entire
files, recurring transactions, void sales, credit sales, etc. Total
reporting is available on each and every transaction. The best
thing about a virtual terminal is that you can log onto it from any
computer that can access the internet.
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HIGH
RISK:
We also specialize in high risk processing. If your company needs
help in getting your debits processed contact us immediately. We can
handle just about any situation and our fees are reasonable and very
competitive for high risk clients.
PRICING:
Our pricing is extremely competitive with no hidden charges. Just
fill out the form below and we will send you detailed information and
pricing on our system. No client is too small or too big. We can have
you up and running in no time.
ALREADY
HAVE PROCESSING?
But you are looking for something better? We can help. We
will analyze your current processing and tell you if we can do better. We
already know we have the best virtual terminal and processing system
on the internet. We think we can beat your pricing also and no future
rip offs. Just fill out the form and we will send you info.
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To
Start a Biz Hub
Contact Mark
Seifert at G & T Management. Mark
will walk you through the steps of start-up and explain all the benefits! |
