Product: iLockbox, Version 3.2
Company: ERAS LLP

ERAS LLP, a provider of software systems and solutions to the financial services industry, has upgraded its iLockbox browser-based payment processing solution.

Version 3.2 of iLockbox offers small- to medium-sized businesses ERAS' enhanced Web-based image lockbox system.

iLockbox enables a bank's customers to manage their lockbox accounts with encrypted access over the Internet. They can view coupons, payments and other documents at any time.

They can also manage stops, exception items, user access and automated clearing house (ACH) payments. iLockbox accepts any coupon format and enables customers to post the payments to any accounting system.

The system uses Internet Explorer version 4.0 or higher and it enables users to process mass amounts of payments with images. The system also provides image research capabilities, payment files and payment image reports.

It can be used as a stand-alone application, over a network, the Internet, or a combination. Payment processing and secure server hosting is also available as a service from ERAS JV.

"As higher volumes of data are processed, ERAS realizes the importance of evolving our technology to align with our customers' needs," said Carlos Rodriguez, Jr., Executive Vice President at ERAS.

"iLockbox 3.2 equips our users with a streamlined payment processing solution that can handle growing volume and still provide tremendous convenience to both the bank and its customers."

The company is looking for resellers of its solutions. For more information, call Robert S. MacMahon at 305-255-1452 or e-mail him at rob@erasjv.com .

ERAS LLP
13501 SW 128 St.
Miami, FL 33186
305-255-1452 ext. 8250
www.erasjv.com