1. Overview of EFT Network’s Services for
Parking Violations Bureaus
Parking Violations Bureaus receive most of their payments by
check, either by mail or in person, which can become a
Key Features
burden for their personnel. EFT Network simplifies the • Submit checks and transfer funds electronically
processing of these checks for you with our Accounts • Upload and import files to update your in‐house accounts
Receivable Conversion / Check 21 System. With Check 21 receivable system
federal banking laws, the conversion of paper checks to • 24/7 access to retrieve check images via our website
Image Replacement Documents (IRD’s), you have the ability
to convert paper checks into electronic transactions. Through
our complete line of image capture devices, and payment
Benefits, for YOU
processing solutions, EFT Network helps you adjust to the • Accelerate the processing of checks received
Check 21 environment, while speeding the processing of • Process any type of check electronically
funds for you. • Simplify the payment process, while reducing operational
costs
Flexible Payment Options • Alleviate the overflow of paper checks
• Fully compliant with recently enacted Check 21 federal
EFT Network’s products and services are highly scalable and banking laws
adaptable within all business environments via our secure • Recover all returned items as quickly and cost‐effectively
state‐of‐the‐art web hosted software network. as possible
• Receive faster advice of NSF returns in 3‐5 days, versus
Our ARC / Check 21 System in conjunction with our Image 7, 10, or 14 days in paper form
Replacement Document (IRD) technology easily processes
and deposits any type of paper check received via the U.S.
mail or at payment locations, deposited as an electronic or About EFT Network, Inc.
Check 21 transaction, all through a single point entry system. EFT Network, Inc. is a leading provider of innovative ACH
processing solutions to over 2,400 companies nationwide, processing
Web Checks enables drivers with the ability to initiate a millions of ACH transactions annually through our web hosted soft‐
payment transaction via your website. ware network. Retail Owners, Financial Institutions, Government
Agencies, and Corporations located throughout the United States use
Telephone Checks electronically debit a drivers bank account EFT Networks’ electronic transaction processing services. Our com‐
for your one time billing, instantly over the phone. plete suite of payment solutions encompasses check payment processing,
check conversion, point‐of‐sale solutions, data capture, and value added
Electronic Check Re‐Presentment electronically re‐present services such as funds transfer and accounts receivable reporting tools.
any checks that are returned to you as Non‐Sufficient Funds
(NSF) to help save you time and money in the costly collec‐ Getting Started
tion process as well as reducing bank re‐deposit charges.
To learn more about our products and services, or to arrange a
Web Demo, contact:
Consolidated Returns gives you the opportunity to develop
significant savings to an individual, plus with the ability to EFT Network, Inc.
immediately start working on return checks. 245 Saw Mill River Road
Hawthorne, NY 10532
Tel: (800) 492‐2794
Fax: (914) 747‐7218
Email: sales@redeposit.com
www.redeposit.com
© 2005 EFT Network, Inc. All Rights Reserved. Printed in USA