A payment option customers and Businesses want for easy, fast and secure payment processing

Many consumers don't have credit cards, don't want to use credit cards, or just prefer the convenience of electronic checks. When you process electronic checks through Process Pink , you get the security and reliability of our powerful processing engine along with the speed and convenience of electronic checks.

With Process Pink Accounts Receivable Entries merchants increase the speed and reduce the cost of processing customer payments received at the company’s lockbox and drop box locations for payments for goods and services. Accounts Receivable Entries can only be used to convert consumer checks.
By using Accounts Receivable Entries, a company can take advantage of the processing efficiencies provided by collecting consumer payment electronically

Benefits of Accounts Receivable Entries
Collection rates on check payments are improved. Financial institutions typically post ACH transactions before posting paper checks. For this reason, Accounts Receivable Entries clear before deposited paper checks. Returned items are received more quickly, which improves the probability of collection, helps reduce fraud, and decreases further losses from bad checks written on the same account

Operating costs and bank fees associated with accepting, settling, reconciling, and transporting checks to the bank and reduced.
Employees no longer need to prepare, balance, or transport deposits. Reducing the number of returns and wire transfer charges incurred in concentrating the funds to the primary depository account and financial institution may be reduced or eliminated.

Cash management is improved.
Faster and more effective clearing, reporting, and recovery improve a company’s ability to project cash flow and invest and borrow money.

Collections are accelerated,
Improves recovery ratios and reduces write-offs. A shorter time for receipt of return information also improves collection rates on items returned due to insufficient funds.

Account Receivable Entries offers a company a paperless, more efficient way of accepting a customer’s check.
These entries save time and money while eliminating the possibility that checks are lost or stolen before deposit.