Instructor: Carlo TannouryName: Ronald Price II Assignment: major(ip) Project part EDate: 2/21/2010 There are a twain of different slipway that my customers could pay for their restitution. They could give way their payments automatic solelyy ACH debited proscribed of their bank accounts or set up a reoccurring charge on their credit entry cards. In either circumstance, they would get a bill severally month and the amount of that bill would be paid out of the account of their choosing on the date established for by the insurance company they chose. A second option would be that they could lumber onto my site and then pay each month for the bestow cost of the services rendered. I would make it though, that all payments would invite to be made electronically. There would be no ruin or m wholenessy frames sent and since the site would not have a brick and mortar building selling the same items they would also not be able to bring cash to a location and pay the bill. There are a couple of different sites that could function me get started to accept these forms of payment. According to (The clarification House Payments Company L.L.C.), E Pay Network or EPN has been a leading ACH Operator for 35 years and holds a 42% market share in the ACH industry. This longevity help makes it a stalwart in the industry.
It currently has over 1,400 members and processed 6 Billion transactions in 2006. Overall it gets a Customer Satisfaction rating Also since each financial institution has their own individual requirements for connectivity; they let you choose the one that is best for you. They currently offer: High-Speed Connection, File take Protocol (FTP), Connect: Direct (Frame Relay), Internet and private lines for all options. (The Clearing House Payments Company L.L.C.) EPNs ACH Fraud sleuthing provides your institution with a variety of reports to help you identify versatile patterns of misuse in the ACH system. These reports are meant to proactively warn you of suspicious act so that you can... If you want to get a full essay, order it on our website:
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