Web Payment Processing
Horizontech
provides a web-enabled ACH and Credit Card payment service designed for
handling customer access or use by mail-in/call centers for our
clients. XperTran® is a fully
electronic solution for funding new and existing accounts. With XperTran®, a customer can initiate
both recurring and non-recurring ACH or Credit Card transactions.
XperTran®
Advantages
§
A
web-enabled product with a customizable user-interface and customizable
branding. Your customer sees YOUR
system, not ours.
§
Connectivity
is through a hot-link from your site, or directly from customer access to
Xpertran.com, or by your staff to an administrative version for capturing
and monitoring mail-in and call center payments.
§
XperTran®
can be established for recurring or non-recurring transactions. Allows all variations of recurring
options from weekly to monthly to quarterly to annually with all
increments in between.
§
XperTran®
can be used for payments (deposits) or disbursements
§
Unparalleled
security surrounding each transaction and each account
§
Comprehensive
credit bureau fraud detection and prevention including OFAC
screening. Option to funds
transfer based on score or to review or to notice customer – as
automatically or as manually as you choose.
§
Capability
to clear through us or through your own accounts at the bank.
§
Validation
of routing numbers to reduce administrative returns
§
Flexibility
for the customer to have multiple bank accounts and/or multiple client
accounts (e.g. brokerage accounts for a broker) with a drop-down user
interface allowing the customer to easily select the account they wish to
fund and the bank account to debit.
§
Integration
through website which enables client firm to maintain control over
updates to its customer account database.
Posting to customer accounts can occur immediately, via daily
updates, or when the funds settle.
§
Ability
for customer to view transaction history useful in validating personal
records
§
Use
of email notification to customer for: rejects, successful transactions,
and reminders for recurring transactions.
§
Option
of recycling NSF transactions as well as repairing and resubmitting
administrative returns.
§
Real-time
administrative reporting reflecting up to the minute activity
Through
the utilization of state-of-the-art equipment and technology, XperTran®
provides unparalleled secure processing according to individual customer
specifications.
The
Horizontech Difference
The
Horizontech philosophy is to create a highly collaborative
environment. Our clients have
up-to-date information on each transaction as it goes through the normal
processing channels. Horizontech
provides web-based collaboration in which decision-making authority over
each transaction can rest within the client firm’s operation.
§
Bank
reconciliations are simplified through customized reports. Payments and returns are cast both on
with actual cash flow as well as scheduled time views.
§
Specialized
reports can be created according to client firm specifications to
generate statistical and managerial information
Fraud
Detection and Control
Our
years of experience in the Internet payment processing and in the check
guarantee industry make us experts in fraud prevention and
detection. Upon receipt of a
payment request, the information can be bounced against the
nation’s most comprehensive negative, account closed and positive
databases as well as your own negative files. If any negative information
is discovered, the item can be flagged and put into a queue for further
review. Except in the case of
fraud or an OFAC violation, the client firm is given the opportunity to
make a decision regarding whether to accept or reject a transaction. This includes the ability to research
and fix invalid ACH instructions that would result in an administrative
return. An e-mail can be generated
to the customer indicating that the ACH will not be accepted along with
the reason for failure/rejection.
We will also provide a report of database hits and fraud detection
to help you calculate ROI from savings on transactions not processed.
With
the right expertise and controls in place, losses can be avoided.
Systems Integration
XperTran®
can be integrated to the client firm’s back office system. XperTran® can be set up for online or
batch interfaces with complete or summary posting.
Security
The
system has been designed with the highest level of security and integrity
in mind. The online sessions are
encrypted using 128-bit SSL technology, the ACH processing is
“off” the internet, and the databases are mirrored for
redundancy, and all of this is done via a branded system to create a
seamless answer from each client firm’s website to the customer.
XperTran® provides a
revolutionary end-to-end solution for any firm looking to leverage the
Internet for capturing and processing ACH and Credit Card payments. The founder of Horizontech is former
executive with 30 years experience in data processing, Internet payment processing,
online check guarantee, and financial services outsourcing.
We partner with our
clients in providing a solution that is cost-effective, efficient and
state-of-the-art. What differentiates Horizontech is that we take that
relationship one step further -- we lead our clients toward the next
horizon in account funding thus ensuring that our clients are at the
forefront of servicing their customers. We are committed to servicing our
clients in a way that allows them to achieve stronger bottom-line results
and one that enhances the overall customer’s experience.
Contact
us for more information about “expert transaction processing”…
