Quancomm

 

Payment Processing
We know the importance of cash flow to your bottom line, so we view payment processing as more than just a commodity.  Our experience enabled us to build a superior payment processing center using advanced technologies.  Robust tools allow you to see all EFT processing information real time.  Balancing tools empower your team to know exactly what was drafted, and what was not and why.
  • Real time online reporting
  • Access your data via our web application from anywhere, anytime
  • Printing and export capabilities
  • Ability to filter reports by dates, payment types, and current statuses
  • Reports Package Includes
        • Transmission Report—details every payment submitted to QuanComm for processing
        • Returns Report-provides all returns by type and a reason code for each one
        • Exception Report—details payments that were submitted but not processed and shows the reason for not having been processed
        • NOC Report—details updates received through the Federal Reserve on updates to your consumer’s banking information
        • Balancing Report—details any differences between what your company submitted for processing and what was actually received in your deposit
        • Billing Recap Report—summarizes EFT processing, batches, processing fees, and funding
        • Service Fee Report—details all EFT processing fees charged by QuanComm
        • Deposit / Withdrawal Report—details all debits and credits to your company’s bank account for EFT processing