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VCP is an internet based ACH conversion program that provides businesses with an easy mechanism by which phone payments or incoming checks can be converted into an ACH deposit by the 2nd business day.
A solution for any size
Small Business select the customer's bank transit number, account number, amount, and submit.
Mid-size Business ability to batch transactions for easy processing. Optional check reader can scan a check's MICR line quickly and error-free. Recurring Customer payments can be saved for easy processing.
Large Business user defined fields, real time cutoff (4:00 AM) for easy auditing, NSF items are debited separately from batch deposits, eliminating settlement hassles. |
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How does VCP compare with other banking ACH software?
VCP validates bank transit numbers
VCP validates account numbers against a negative database
VCP guarantees 100% of your ACH conversion. No NSF reflected on your account
Business real-time settlement
Debits for Invalid or Non-Authorized transactions are not debited from your ACH submission amounts, but in a separate transaction with full disclosure
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