Receivables Solutions

Lockbox

Simplify the way your business receives payments.

Automate the processing of your business receivables through a centralized lockbox. Utilizing a comprehensive lockbox solution streamlines payment processing, ensuring quicker access to your funds.

Did you know?

Lockbox options can help your business get paid two to three days faster.

Features

Optimize your business efficiency.

Saves time: Reduces mail float and manual processes
Convenience: Provides timely information for payment posting and cash flow
Security: Improves audit controls

Business processes made easy.

Your customers mail their payments to a designated Post Office Box
All payments are retrieved, sorted, and batched for processing
Checks and remittance documents are imaged and/or payor data captured according to your instructions
All funds are deposited same day into your business account
All remittance data and document

Business Remote Deposit Capture

It’s time to change the way you deposit checks.

Remote Deposit Capture allows your business to efficiently scan multiple high-value checks and transmit them directly to Greenville Federal Credit Union. This electronic deposit system allows you to submit deposits at your convenience, with funds becoming available as early as the next business day. Deposit checks one at a time or in a batch.

Did you know?

Online wire transfers are protected by multiple layers of security, including encryption, password protection, and dual authorization.

Features

Optimize your business efficiency.

Convenience: Deposit checks when it’s convenient for you, one at a time or in a batch
Flexibility: Gain access to later deposit cut-off times
Savings: Significantly reduces collection float

Deposits made easy.

Scan multiple checks in a single batch
Confirm the total amount and submit the deposit
After scanning, securely retain the paper checks until the funds are cleared
Deposit ticket and check images are processed and deposited into your bank account

Merchant Services

We offer efficient and cost-effective merchant services for businesses of all sizes and types.

Features

Accept all major credit/debit cards, EBT, Voyager, and Wright Express
Quick and seamless startup
In-house customer service
Real-time reporting
Electronic statements
float

Solutions include:

Countertop and smart terminals
Point-of-sale systems
Mobile payment options
eCommerce solutions
Nice market solutions
Eliminate payment expense with Buyer’s Choice which allows you to offer a dual price at checkout by automatically configuring a cash price and a card price with payment fees built in.