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Electronic Funds
Corporation was founded in 1997 for the purpose of providing E-commerce to
small and medium size business. However many large companies and
financial institutions have joined us because of the tremendous ease,
customer demand and reliability of service.
Electronic Funds
Corporation provides numerous types of Electronic Funds Transfer (EFT),
from Accounts Receivable, Accounts Payable, Payroll, Electronic Check
Re-Deposit, Point of Sale Conversion of paper checks into electronic
transactions and Lockbox Truncation.
The Automated Clearing House
division of the Federal Reserve, to which 95% of U.S. banks belong,
processed over 4 billion electronic transactions in 1998 without
error. EFT has been the accepted way to pay bills and move money in
Europe for over 20 years and Canada for approximately 10 years. EFT
is processed in an encrypted format via modem.
Electronic Funds
Corporation's software is designed to give any business complete internal
control because it's installed on your computer. The software will import
from most accounting packages. EFT is rapidly catching on in the
U.S. because business have realized the cost savings and their customers
appreciate the added convenience.
We
at Electronic Funds understand the concerns of customers when it comes to
moving money. We offer exceptional technology that enhances the electronic
movement of money for business and the financial community. Our products
and services assist our customers in the management of electronic payments
promptly, correctly and securely. Our goal is to help our customers
increase cash flow and productivity while reducing risk and costs by using
our advanced payment processing system.
By using our processing
software, a customer can drastically reduce the potential for human error.
Electronic Funds has designed its software with the inexperienced end user
in the forefront of our minds. Ease of implementation and use were our
first priorities in developing our software.
Our goal is to under promise and
over deliver every time we perform a service for a
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