New process pays client the full face value plus the entire state fee

USTCHEX, LLC, the leader in on-demand processing of returned payments, announced today that they have added a service option that automates the collection of Non-NSF checks. Using this service transmodus.net clients are paid 100% o the recovered face value and 100% o the state fee minus a minimal fee for access and $0.75 per letter and $0.10 per call. Returned checks that do not qualify for electronic processing through the ACH network are tracked and the system automatically initiates collection calls and letters.

vailable through the transmodus.net web site this system was developed and tested over the past year and has consistently produced results on par with the national average of collection agencies that make live calls and use letter campaigns. Collection automation can be used as a total solution or as the first stage in the secondary collection process. Any checks that fail to be collected using this method can still be forwarded to legal departments or collection agencies for further action.

bout transmodus

ransmodus provides an on-demand solutions platform that delivers verification, electronic recovery and secondary collections. The functionality available can service small business, franchise, mid-market and enterprise level client requirements as well as provide a complete processing platform solution for collection agencies and bank partners. JUSTCHEX has positioned itself as a leader by listening carefully, thinking ahead and moving forward with purpose to provide clients and processing partners with access to the best on-demand processing solutions. transmodus is a registered service mark of JUSTCHEX, LLC. JU$TCHEX is an IBM business partner.

Franchise News Release: Oxnard, CA - (May-6-2005)