Bank Bill Pay
Each year more and more customers prefer to pay through their own bank’s bill e-payment service. Payments made in this manner do not arrive for several days and arrive as hard-copy checks, or they are processed through a 3rd party and directly deposited, both of which must be manually processed by your firm’s employees and entered into your accounting software. Lynx’s Bank Bill Pay services address your customer’s payments coming through many different banking institutions. Lynx obtains the payment from the bank, makes it an ePayment, and directs it through the our own proprietary payment engine, posting the payment to your financial software and routing funds to your specified account. As a result, you won’t have anymore labor-intensive paper checks or electronic deposits that have to be hand posted in your ledger.