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Director of Marketing / Public
Relations
T-Tech, Inc.
7512 E Independence Blvd
Suite 107
Charlotte, NC 28227
877-838-4031
(e-Commerce)3 and T-Tech, Inc.
Partner to Provide Online Check Payment Solutions
December
28, 2004,
Rancho Santa Margarita, CA –
(e-Commerce)3,
Inc. and T-Tech, Inc. announced today a strategic
partnership that will enable colleges and universities to
accept consumer check payments online.
(e-Commerce)3
has integrated it’s online paper check processing system, e-ValuCheck®,
with the leading ACH processing, settlement and reporting
capabilities of T-Tech, enabling their customers to process
check payments quickly, inexpensively and securely.
e-ValuCheck provides college and university
customers with a secure method to accept check payments from
their customers while T-Tech handles all of the payment
processing.
The
e-ValuCheck
system is a self-contained, secure processing center where check
clearing, return item processing and bank fees are handled
automatically while funds are deposited directly into the
college or university bank account. The addition of the
T-Tech ACH, settlement and reporting process will
further enhance the paper draft
process previously offered by e-ValuCheck.
While other processors offer the ACH option as the only
means of processing a payment against a payer’s Demand
Deposit Account, this combined process of both the ACH
payment and the online Paper Draft allows any type of check
to be used for an online payment including: Personal Checks,
Business Checks, Money Line or Equity Line Checks and Credit
Card Checks.
In addition to the online payment processing provided by e-ValuCheck
the combined company offering will also provide for
ARC, TEL and POP in addition to web transactions previously
offered by e-ValuCheck. This will provide a total solution
for colleges and universities to truncate all checks
processed through their web site, mailed payments, payments
made at the Bursar’s office or cashier’s window and payments
processed over the phone.
“We are
excited to be working with
T-Tech, Inc. as a Technology Partner”, said Chet
Andrews, President of (e-Commerce)3. “The
e-ValuCheck
solution is an ideal way for
T-Tech to provide a total payment solution to its
customers, allowing them to increase total online payments
by converting many first time payers from mail-in or walk-in
payments at the Bursar’s office or cashier’s window to
payments originated electronically at a much lower cost to
the institution.”
"The
combination of our T-Tech ACH processing, settlement and
reporting system with e-ValuCheck’s additional paper check
payment solution provides an important new payment engine to
both existing and new customers," said Scott Haskins,
President, T-Tech, Inc. "The ability to offer a complete
range of payment collection options is critical in our
effort to deliver comprehensive management systems that
address all the needs of our clients regardless of their
point of origination or source destination.”
About
T-Tech, Inc.
Founded in
2000 and headquartered in
Charlotte,
North Carolina, T-Tech offers a comprehensive suite of check
conversion solutions for retailers including check
verification, check conversion, check collection and check
guarantee. As one of the leading providers of check
conversion services in the retail market, T-Tech serves
customers through a network of dedicated and experienced
reseller financial institutions who provide local sales,
service and support to merchants nationwide. For more
information about T-Tech, visit
www.ttechpayments.com.
About
(e-Commerce)3
(e-Commerce)3
(www.evalucheck.com)
is the developer of
e-ValuCheck®,
the secure online check payment system. The
e-ValuCheck
system
provides a cost-effective and trusted electronic payment
solution to facilitate check payments online as well as
being the ideal tool for EBPP. Created by the founders of
Valutech
(www.valutech.com),
whose installed systems are currently producing over $1
billion daily in payments, (e-Commerce)3 has
leveraged the 20+ years of Valutech’s payment experience and
technology with their product offerings.
Contact
Info:
Chet Andrews
Scott Haskins
(e-Commerce)3
T-Tech, Inc.
30021
Tomas
7512 East Independence Blvd.
Suite
245
Suite 107
Rancho Santa
Margarita, California 92688 Charlotte,
NC 28227
949-888-1006
704-566-1241
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