Services Rapid Recovery iSmart Rapid Recovery System
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iSmart Rapid Recovery SystemTurning Bad Checks/EFTs Good with Intelligent & Integrated TechnologyWith our completely integrated, iSmart Rapid Recovery System, ePayments will take your NSF paper checks or ACH transactions and automatically re-present these items electronically to the customer’s financial institution. You receive the FULL face value of the check or EFT, and if the amount is still uncollectible after the third presentment, we’ll even handle the traditional collections process for FREE! Your business receives a certain percentage of bad checks every month, usually between 1-2% of the total. You don’t have the time to figure out which checks are ultimately collectable, and which are not.In the past, you had two options: You could go through the time, trouble and expense to contact every customer who issued an NSF paper check or EFT and risk embarrassing and losing a good customer. Or, more likely, you would turn them over (or sell them) to a collections company. Either way, you received pennies on the dollar for your NSF checks and EFTs. But today there is another option, and one that lets you effectively keep the FULL amount of the face value from the collectible checks. Using ePayments iSmart integrated state-of-the-art technology, ePayments Corp will effectively collect a higher percentage of your bad checks or EFTs at absolutely no cost to you. You receive the FULL amount of all collected checks—not a small percentage like with traditional methods.
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