Improved solution of WAUSAU to accept corporate payments

Corporate capture capability is now available with integraPAY technology provided by WAUSAU Financial Systems (WFS), the industry leader in distributed payment processing and receivables processing solutions. The company incorporated integraPAY with WAUSAU Financial Systems' WebDDL solution.

At present time payments received at the customer site versus the lockbox processing site are sent via courier or overnight mail to the lockbox for processing, which is expensive for the lockbox owner. With upgraded integraPAY solution commercial bank customers are enabled to capture stranded payments by means of a small footprint, low-cost scanner, and a personal computer with an Internet connection, and then upload them to the integraPAY database at their lockbox provider. Thereby customers can save their time, reduce undesirable mail/check float, and accelerate deposits and fund availability.

"With integraPAY's new capability to integrate wholesale payments, our customers can offer their lockbox customers an affordable alternative to capture payments at their local business. Incorporating WebDDL remote capture capabilities into integraPAY is a continuation of WAUSAU Financial Systems' integration strategy for our industry-leading remittance solutions," said Kathy Strasser, Senior Vice President – Remittance and Enterprise Content Management Solutions for WFS.