Software Solutions: |
OfficeTeller ( Electronic Funds Transfer ) specializes in the origination of moving money electronically. Our online virtual terminal gateway software accepts direct ACH (Automated Clearing House) network and Magtek check processing transactions.
The ACH / EFT Network is a highly reliable processor and efficient nationwide batch-oriented electronic funds transfer system governed by the NACHA ( National Automated Clearing House Association ) Operating Rules and electronic funds transfer act which provide for the inter-bank clearing of electronic check payments for participating depository financial institutions. The Federal Reserve and electronic payments network act as ACH operators, central clearing house facilities through which financial institutions transmit or receive ACH entries. Over the past five years our merchants have processed MILLIONS OF TRANSACTIONS proving the software and service to be reliable, effective and a cost saving process for electronic transactions.
OfficeTeller continues to meet the challenge of our clients by offering cost effective Check Conversion, using Magtek Excella terminal hardware, into the electronic banking system often referred to as the Automated Clearing House ( ACH ). Electronic banking includes the transfer of funds between companies and/or consumer accounts for collection and payments.
Use our Magtek check conversion processing Software with confidence! Enjoy using our online ecommerce gateway for your eCheck, electronic checks, Check 21, ECC, recurring transactions, accept Credit Card, Shopping Cart, Merchant Account, check conversion. Our virtual terminal also stores the check data and check images in a database for future research and retrieval, re-submission of NSF checks and more.