Using a state-of-the-art integrated infrastructure, RemitStream® Wholetail Lockbox from Fiserv delivers third-party remittance processing designed to improve the cash flow from the collection and processing of both business and consumer payments.
Would you like to supplement fee-based revenues with no capital expenditures and, at the same time, expand your customer relationships? RemitStream Wholetail Lockbox, a customized mix of wholesale and retail lockbox services, offers your customers a robust solution to accelerate accounts receivable processing and information delivery for both business-to-business and consumer-to-business payments.
RemitStream Wholetail Lockbox efficiently collects and processes check payments on behalf of your lockbox customers and deposits them in the bank accounts your customers designate.
Benefits to Your Financial Institution
Benefits to Your Customers