What is Wholesale Lockbox?

 
 

What is Wholesale Lockbox?

Wholesale processing refers to accounts with low payment volumes, high dollar amounts, or payments without an OCR A readable scan-line for high speed processing.

The general processing of these payments is similar to the "retail" environment but is designed to allow for higher customization and more exhaustive, manual work. We understand your payments may require specialized processing due to the unique transactions and documents that are remitted. Our solution, designed to meet your exact specifications, allows your organization to focus on its core business while we capture the needed details and data.