How We Do It

We keep it simple...

Our service is not a complex costly check guarantee or collection program. Rather, it is quite simple...

The ePayed Process

  1. When a customer bounces a check to your business, the check is sent directly to us.

  2. We convert the check to an electronic funds transfer (EFT) or an automated clearing house (ACH) transaction and attempt to redeposit the check.

  3. If the check bounces for a second time, we monitor on a daily basis the NSF check writer’s bank account for sufficient funds.

  4. When the funds are available, we immediately send an EFT to recover your funds from the bad check writer’s account.

  5. An NSF fee is then paid by the bad check writer for the cost of collection. NSF fees are determined by each state.

  6. All checks collected electronically are absolutely free for ATD ServiceBay clients. You will always receive 100% of the bad check’s face value at no cost. We then forward the funds to you electronically. Included free online reporting site to monitor your account activity.



Benefits...

Super Fast - Electronic transactions take priotity over paper checks. We collect 65% within 5 days and 85% within 30 days.

No Hassle - Concentrate on your business while we take care of check collections. No more embarrassing letters or phone calls to customers. We can even start collection on your old bounced checks.

Cost Savings - Never any equipment to buy or lease. Reduce your NSF check fees. You always receive 100% of the face value of the check.

Superior Service - Free real time online reporting. Dedicated account executive assigned to each tire distributor. Check for funds availability daily.

Proven 85% success rate - In the event of a closed account or stop pay, we use traditional collection methods.


How much does it cost?

Our service is ABSOLUTELY FREE to your business. THERE ARE NO MONTHLY SERVICE CHARGES. We believe that tire distributors should not have to spend more money to collect bad checks. That's where eCashflow Systems can help. We provide check collection services to you at no charge. Rather, the customer responsible for writing the bad check pays the service fees. Want to know more?....Call us at 1-866-388-7006.

Why haven’t I heard of this before?

Legislation was enacted in 1998 to allow third party firms to access the US Federal Reserve Banking System to settle NSF check funds.