October 13, 2008 
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fintech.net’s regulated and general commerce EFT programs provide an additional value-added service to both buyers and sellers. fintech.net’s FTX® Internet Services provide trading partners with the ability to exchange and settle invoice information research transactions, communicate and expand their business needs in real-time from anywhere in the world.
Payment Services
Tired of tracking payment dues dates? Wondering about cash flow management? Our Payment Services simplifies your A/P cycle by allowing you to pay who you want when you want. All of your data and payment information is stored in our system just like your regulated and general commerce transactions.
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Regulated Commerce
fintech.net's Regulated Commerce Solution provides electronic invoice exchange and settlement services for regulated goods (beer, wine and spirits) between sellers and buyers according to State regulations.

Due to the state agency's control of these types of transactions, regulated payments are initiated by the seller, who submits the detail invoice data to fintech.net for processing and reporting back to the buyer. These payments are processed by fintech.net based on the payment due date submitted by the seller. Payments may be immediate or term, either way, they are processed as a simultaneous transaction by fintech.net through the Federal Reserve banking system, crediting the seller and debiting the buyer at the same time.
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General Commerce
fintech.net's EFT solutions provide trading partner communities a secure method of electronically exchanging delivery data, settling invoices, and reconciling payment activity in both automated and interactive formats. By utilizing fintech.net, users are able to enhance their existing systems and maintain a single source solution for the entire invoice and settlement process. fintech.net's general commerce solutions allow buyers to customize their program, by seller, in a manner that allows them to benefit most from their fintech.net EFT program.

For general commerce invoice exchange and settlement, buyers may opt to receive invoice data electronically and/or simply choose to pay via EFT instead of issuing a check. If invoice data is exchanged, data received from the seller is converted, by fintech.net, into the buyer's preferred format. Buyers can then take this data and approve it for payment electronically. At approval, buyers create a payment file and submit it directly to fintech.net for processing. Payment details are exchanged between the parties at the time of payment and made available for direct interaction with the each party's existing system for simplified reconciliation.
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