August 2016In this issue:
Did you know?Total back-to-school shopping is estimated to reach $27.3 billion in total spending, making back-to-school the 2nd biggest shopping season of the year. Source: NRF
Customer Support TipsTo access the most up-to-date contracts, log in to our website, click on Documentation and then Agreements.
Litchfield Park, AZ
New Orleans, LA
As a valued customer, we want to keep you informed and let you know that InterceptEFT is involved in litigation with a government agency concerning a small number of former customers which we no longer do business with. The lawsuit has not had any effect on our day-to-day processing and our operations continue to be business as usual.
Please read the statement from our owners.
What you need to know about Same Day ACH transactions
Same-day ACH transactions begin September 23rd, 2016 with credit-only transactions. In order to pre-fund and protect all parties involved, a wire is required for same day transactions. The file and wire transfer need to be received by InterceptEFT before 11:00 a.m. Central Time.
Before processing Same Day transactions, a one-page Addendum will also need to be signed. Please contact a member of our Support Department to get the Addendum.
Questions? View our FAQ or contact a Support Representative at (866) 431-9925.
Do you have a security policy in place?
Payroll Fraud Continues to Rise
Be diligent about protecting your business by knowing your customer! To learn more and to find solutions click here.