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CompanyProfle
Remittance platform and more
with government host billing systems to automatically
RT Lawrence Corp. sort payments from different batches, read each check
and verify it against the on-time or late payment amount.
ISO/MLS contact: Address changes and "bad check" writers can be flagged
Diane Cunanan and updated.
Relationship Manager "Once scanned into our system, images and payment
562-696-4843, ext. 107 information from each check can be easily seen from
diane.cunanan@rtlawrence.com nearly all computers," RTL stated. According to RTL,
www.rtlawrence.com nonprofit organizations can perform donation forecasting
based on receivables data collected in real time. Staff can
also search original payments, track orders and requests
received, and process donations all within the integrated
ounded in 1992, RT Lawrence Corp. initially system. The lockbox service collects, consolidates, and
developed automated document management processes payments and donations, depositing them into
systems. It turned to remittance-based imaging designated business accounts.
F solutions when company executives recognized
a growing need for this type of service. RTL has since Payment channels open
branched out into three business units – remittance solu-
tions, lockbox services and electronic payments – serv- RTL reported that, as a registered ISO, it has created its
ing government, utility, insurance, nonprofit and other own Level 1 Payment Card Industry (PCI) Data Security
industries in the United States and Canada. Standard (DSS) -compliant payment gateway for web-
based processing applications. Through its technology
"Our main business goal has been to be a single source partners, the company also offers mobile payment
solution provider for all of our clients' payment processing processing at reduced interchange rates for merchants
needs, which include in-house remittance processing who qualify. Customer service is available around the
systems, back-end imaging archival solutions, lockbox clock. And RTL boasts a competitive agent residual share
services, ACH/Check 21 check conversion services, and incentive program complete with bonuses.
credit card payment solutions, and e-bill payment and
presentment," said Diane Cunanan, Relationship Manager "We know that closing the deal is only half of the
for RTL. profitability equation; the other half is creating a 'sticky'
relationship that allows you to serve the merchant better
Flagship sets the course and thus retain their business for the maximum length of
time," Cunanan said. "Whether you're serving the mom-
Soon after transitioning to remittance-based imaging and-pop merchant or the business receiving thousands of
solutions, RTL launched its flagship product, RTLFiRST. payments each day, RTL can keep you in control of the
The image-based payment processing application makes it service relationship."
possible for government agencies and private enterprises
to track real-time payment balances, dues, donations, fees Through RTL's PayChannel division, merchant level
and other revenue. Modules for automated clearing house salespeople (MLSs) can focus on acquiring new accounts
(ACH) conversion are available, as are front-counter and from entities that process payments by mail, phone,
remote-office solutions. online and at physical locations. The PayChannel e-Bill
Presentment Solution delivers electronic billing with
"We develop our own payment software solutions and recurring payment and customer information storage as
can tailor them based on client business requirements," options. An e-payment solution, QuickClear, unites front-
Cunanan said. Designed to process any combination of office and remote-office payments with an organization's
payments, RTL software allows users to establish special main back-office system to centralize payment functions.
rules configurations. Utilizing the latest in imaging
and handwriting recognition technology, the intended RTL also assigns a design team to each web development
goal is to streamline and accelerate the entire process of project. "Our team of web designers will work directly
collecting and processing funds, the company noted. with your team to create a payment collection website
that best mirrors the look and feel of your website," the
RTL's software can address special circumstances that company stated. "We host your payment collection page
may arise from insurance policy lapses. For example, to meet PCI compliance requirements."
rules can be applied that automatically reinstate a policy
or accept money orders only. RTLFiRST can be configured
34
Remittance platform and more
with government host billing systems to automatically
RT Lawrence Corp. sort payments from different batches, read each check
and verify it against the on-time or late payment amount.
ISO/MLS contact: Address changes and "bad check" writers can be flagged
Diane Cunanan and updated.
Relationship Manager "Once scanned into our system, images and payment
562-696-4843, ext. 107 information from each check can be easily seen from
diane.cunanan@rtlawrence.com nearly all computers," RTL stated. According to RTL,
www.rtlawrence.com nonprofit organizations can perform donation forecasting
based on receivables data collected in real time. Staff can
also search original payments, track orders and requests
received, and process donations all within the integrated
ounded in 1992, RT Lawrence Corp. initially system. The lockbox service collects, consolidates, and
developed automated document management processes payments and donations, depositing them into
systems. It turned to remittance-based imaging designated business accounts.
F solutions when company executives recognized
a growing need for this type of service. RTL has since Payment channels open
branched out into three business units – remittance solu-
tions, lockbox services and electronic payments – serv- RTL reported that, as a registered ISO, it has created its
ing government, utility, insurance, nonprofit and other own Level 1 Payment Card Industry (PCI) Data Security
industries in the United States and Canada. Standard (DSS) -compliant payment gateway for web-
based processing applications. Through its technology
"Our main business goal has been to be a single source partners, the company also offers mobile payment
solution provider for all of our clients' payment processing processing at reduced interchange rates for merchants
needs, which include in-house remittance processing who qualify. Customer service is available around the
systems, back-end imaging archival solutions, lockbox clock. And RTL boasts a competitive agent residual share
services, ACH/Check 21 check conversion services, and incentive program complete with bonuses.
credit card payment solutions, and e-bill payment and
presentment," said Diane Cunanan, Relationship Manager "We know that closing the deal is only half of the
for RTL. profitability equation; the other half is creating a 'sticky'
relationship that allows you to serve the merchant better
Flagship sets the course and thus retain their business for the maximum length of
time," Cunanan said. "Whether you're serving the mom-
Soon after transitioning to remittance-based imaging and-pop merchant or the business receiving thousands of
solutions, RTL launched its flagship product, RTLFiRST. payments each day, RTL can keep you in control of the
The image-based payment processing application makes it service relationship."
possible for government agencies and private enterprises
to track real-time payment balances, dues, donations, fees Through RTL's PayChannel division, merchant level
and other revenue. Modules for automated clearing house salespeople (MLSs) can focus on acquiring new accounts
(ACH) conversion are available, as are front-counter and from entities that process payments by mail, phone,
remote-office solutions. online and at physical locations. The PayChannel e-Bill
Presentment Solution delivers electronic billing with
"We develop our own payment software solutions and recurring payment and customer information storage as
can tailor them based on client business requirements," options. An e-payment solution, QuickClear, unites front-
Cunanan said. Designed to process any combination of office and remote-office payments with an organization's
payments, RTL software allows users to establish special main back-office system to centralize payment functions.
rules configurations. Utilizing the latest in imaging
and handwriting recognition technology, the intended RTL also assigns a design team to each web development
goal is to streamline and accelerate the entire process of project. "Our team of web designers will work directly
collecting and processing funds, the company noted. with your team to create a payment collection website
that best mirrors the look and feel of your website," the
RTL's software can address special circumstances that company stated. "We host your payment collection page
may arise from insurance policy lapses. For example, to meet PCI compliance requirements."
rules can be applied that automatically reinstate a policy
or accept money orders only. RTLFiRST can be configured
34
