CASH MANAGEMENT SERVICES
Electronic Payment Services
Enjoy added convenience and accuracy with these electronic payment services:
- Process direct deposit payroll for employees
- Collect and receive payments from customers
- Enjoy ACH payment options to your vendors
- Make tax payments
Bank of Luxemburg Merchant Services are used by successful businesses throughout the area. Whether you are just starting out, or are already established in the marketplace, we offer services to fit your needs:
- Credit/Debit Card Processing – Offer your customers payment flexibility by accepting major card types including Visa® and MasterCard®. Also, give your customers the option of paying with their ATM/debit cards by accepting PIN-based debit transactions.
- Electronic Gift Cards – Increase revenue, attract new customers and build customer loyalty with an electronic gift card program. Track card inventory electronically to prevent fraud.
- ATMs – Cash disbursement machines are a source of revenue for you and convenient for your customers.
Positive Pay is automated fraud detection that matches the account number, check number and dollar amount of each check presented for payment against a list of checks previously authorized and issued by the company. All three components of the check must match exactly or it will not pay. Make fraud prevention easier and more effective:
- Proactively reduce fraud – Each check is compared electronically against your list of transmitted checks.
- Peace of mind – We verify each check prior to it clearing your account.
- Save time – Electronically transmit a file to the bank instantly.
- Easy to use – Simply transmit a file each day checks are written.
Remote Deposit Capture
Remote Deposit Capture is a service which allows a user to scan checks and transmit their deposits electronically without leaving your office. Checks you receive at your business are scanned to create a digital deposit. We would be happy to pay you a visit, test your computer for compatibility and demonstrate how easy Remote Deposit Capture can be for you. Make banking more convenient:
- Save time – Make deposits when it is most convenient for you, evenings, weekends, or even holidays.
- Reduce expenses – Save gas and time with fewer trips to the bank.
- Peace of mind – Deposit checks frequently to manage your funds more effectively.
- Easy access – View checks and deposits immediately online.
- Convenience – Scan and verify checks and deposits online. Provides a history of previous deposit activity.
Complement your account with one of the following great services...
- Debit MasterCard®
- 24-Hour Banker
- Automatic Funds Transfer
- Internet Banking
- Free eStatements
- Remote Deposit Capture
- Online Account Management
- Electronic Payment Services