In each of its business lines, Meracord acts according to written instructions from customers. On the same day payments are received, the payments are processed, fees are deducted and the payments are posted to a trust account or stored value account where it is held pending disbursement. In most cases, the funds are delivered the same day they are received. Funds are distributed according to the written instructions or contracts from all parties.
Meracord delivers tools and features designed to make it easier to manage these payments:
- Seamless integration with your business software
- Creation of stored value or trust accounts
- Monthly statements
- Real-time reports
- On-line account information
- Multiple payment options like automatic withdrawal, direct deposit, the ability to make payments online or check-by-phone, and much more.
Click here to learn more about Meracord products and features to help you with your payment processing needs.