With MyDigitalLockbox® Payment Processing Service, we'll personally collect and process your mailed payments in a timely and accurate manner.
Details
WHAT ARE LOCKBOX SERVICES?
Lockbox Services are designed to expedite the collection of paper-based payments and provide timely payment information to update accounts receivable records. These services are often offered through banks or financial institutions, where they receive, open, and process payments for a business.
WHAT CAN I DO WITH LOCKBOX SERVICES?
- Maximize your availability of funds by expediting your deposits
- Access payment information and custom reports through our lockbox web portal
- Enable your staff to have more time to focus on important tasks without leaving the office
DETAILS
- MyDigitalLockbox™ Payment Processing Service is ideal for businesses that receive a large number of incoming receipts via the United States Postal Service*
- Easily accessible through our lockbox web portal
- Maximize your availability of funds by expediting your deposits
- Strengthen audit control
- Provide timely deposit information
- Accelerate your cash collections
- Improve accuracy by reducing the risk of human error
- Enable your staff to have more time to focus on important tasks without leaving the office
- Eliminate paper waste, paper handling, and the hassle of paper storage
*Service is subject to bank approval
