No More Waiting for that Check to Come in the Mail with Online Check Processing and be able to reduce your Billing and Collection Cost.

Accept Checks On Line over the Internet by using Onlinechek.com Automatic Payment Solutions By Using Automated Clearing House (ACH) through the U.S. Federal Reserve System. Get paid today instead of hearing I mailed the check and it never arrives.

Scottsdale, AZ (PRWEB) September 29, 2003-- Onlinechek.com a division of Ez Payment Solutions, LLC was formed to address the collection needs of small to medium sized companies who receive payments from customers over the Internet. By using cutting edge Internet technology Onlinechek.com can deliver high quality on line check payment services.

What are Online Checks? Online Checks aid in your billing process and improve your efficiency by allowing you to create payments in-house from verbal or faxed authorizations. Online Checks can add to or replace the traditional method of billing and collection with an easy to use automated method of payment.

Jules Kaplan, President of Onlinecheks.com maintains that the online bill payment market is more complex than e-commerce. Signs indicate that the online bill payment service market may be gaining acceptance. There is a large number of companies already using online billing payments, such as: Citibank, with about 3 million users; Discover Card, with 2.6 million; and American Express, with more than 2 million, according to Gartner Group. Studies show that U.S. companies spend $18 billion each year sending out bills to consumers. Companies who turn to online payment services can realize significant savings. That is why Onlinechek.com is here to offer you a specially suited solution for many business entities.

The check data is process automatically through the Automated Clearing House (ACH) and U.S. Federal Reserve System and deposit the money directly into the business bank account on time and plus we provide complete and accurate reporting of every transaction. Our Online Check EFT System provides you with interim reports that allow you to be informed of the status of your transactions including returned items, pending transactions and more. Unlike a paper check, you will know within three business days or less if an electronic check has been paid or returned. It can take up to 10 days if you deposit the check plus the time it takes for that check to come in the mail.

How Do Online Checks Work?

1. Payment information is faxed or taken over the phone (MICR number, name and amount.

2. Information is entered in the Online Check system and process on secured encrypted servers.

3. Data is transmitted to our EFT Network for processing without going to the bank to make a deposit.

4. Funds are debited from the check writers account and transmitted into the merchants bank account.

5. Returned transactions are available in 3 days or less as opposed to 7 -- 14 days with paper checks.

6. NSF items are reported via our secure encrypted website.

Online Checks clears the way for the merchant or companies to avoid time consuming processing of checks and bank runs for deposits. In most instances checks submitted electronically are processed at the bank before paper checks, allowing more electronic checks to clear.

For complete information and demo of Onlinechek.com system please call 480-991-

7025.

###