Fintech - Financial Services allows you to no longer write checks or money orders but pay your beer invoice electronically.
Here's how it works:
RECEIVE Deliveries are made just as you do business today. The delivery is checked in and the invoice or delivery ticket signed.
SIGN A paper copy is left with your receiver and the delivery driver keeps a copy for his records. With this, the invoice becomes an EFT irrevocable commitment to pay. The distributor sends the invoice information, down to line-item detail to fintech.net for processing through the Federal Reserve System.
The funds are then simultaneously transferred from your bank directly to the Federal Reserve settlement account at the distributor's bank.
Reporting fintech.net provides each trading partner with invoice and payment reporting. Your reporting may be received via FTX Internet Services, FTP, e-mail or fax in the most efficient format for your existing accounting package.
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For more information, please contact Fintech at Our Toll Free Number : (800) 572-0854 ext. 233 Visit the Fintech website at: www.fintech.net