Receivables

Collect payments and deposits more efficiently

Depositing payments into your bank account fast affects your bottom line in more ways than one. Improving cash flow predictability will increase employee productivity, decrease clerical tasks and boost customer satisfactionjust by making receivables easier.


Explore Receivables solutions:

ACH Collections

Lockbox

Remote Deposit Capture

Merchant Card Services


ACH Collections

Expedite the collection process

Trustmark provides the tools and knowledge that make using the Automated Clearing House (ACH) network an affordable and realistic option for your company. ACH Collections allows you to expedite the collection process from those who pay you routinely and directly debit consumer bills.

Benefits:

  • Reduce employee workload by decreasing the number of checks to mail
  • Improve cash flow predictability
  • Provide faster access to funds
  • Improve customers’ satisfaction by saving them money and time on mailing checks
  • Reduce the number of trips to the bank for deposits


Lockbox

From your P.O. box to your account

Watch your receivables turn into usable cash faster by using Trustmark’s Lockbox deposit services. With Wholesale and Retail Lockbox services, your customers' payments and remittances are processed by Trustmark, freeing up your employees' valuable time to focus on tasks that impact your bottom line.

Simply provide your customers with a Post Office box address for remitting their payments and Trustmark will retrieve, process and deposit these payments into your account. You will then be provided with the information necessary to update your accounts receivables.

Benefits:

  • Accelerated collection of receivables with assurance that all funds received every business day are deposited into your account
  • Potential personnel cost savings
  • Decreased credit risk through faster collection


Remote Deposit Express

Prepare and deposit checks 24/7

Deposit your checks without leaving your office. Remote Deposit Express is a service that enables your business to scan paper checks directly from your office and transmit those images to the bank via a secure Internet connection for processing and deposit to your account.

Remote Deposit Express offers an easy-to-use, innovative technology that not only saves time and money by reducing costly and inconvenient trips to the bank, but also allows your business to easily prepare and deposit checks 24 hours a day, 7 days a week. 

Benefits:

  • Same day credit on deposits made by 9 p.m. CST
  • Fewer trips to the bank and less rushing to beat deposit cut-off times
  • Potential consolidation of numerous bank accountsno geographical restrictions allow you to consolidate deposits into your account regardless of where your offices are located
  • Decrease in courier expense or fuel costs
  • Faster, more automated deposit process
  • Reduction in deposit delays


Merchant Card Services

Accept credit and debit card payments

Stay competitive with services customers expect while keeping your cash management and risk under control. Whether you operate a single retail store or have multiple locations across numerous states, our partnership with Elavon Financial Institution Solutions delivers one of the industry’s leading merchant-processing solutions.


Credit and Debit Card Payments

Elavon’s end-to-end processing solutions help you improve cash flow, minimize your collections risk and better serve your customers, all while meeting stringent security standards to protect cardholder data. Elavon provides authorization, settlement, funding and support, giving you one point of contact for all your Visa,® MasterCard® and Discover® Network credit and debit card transactions. In addition, Elavon processes the following payment transactions over their network:

  • PIN debits
  • Electronic Benefits Transfers (EBT)
  • Corporate purchasing cards
  • Fleet cards


Value-Added Solutions

Electronic Gift and Prepaid Cards

Electronic gift cards increase revenue and attract new customers, while reducing the fraud and labor associated with paper gift certificates. Customized card designs and processing features are available.

Dynamic Currency Conversion (DCC)

DCC converts international Visa and MasterCard credit card purchases into the cardholder’s home currency at the point of sale. Elavon rebates a portion of the conversion fee to your business and manages the entire conversion process – from direct treasury exchange rates and transaction processing to back-end reconciliation, settlement, funding and support.

Point-of-Sale Solutions

The way you accept payments varies greatly depending on your business and point-of-sale (POS) configuration. A wide variety of processing solutions are available to meet the needs of all environments, from brick-and-mortar to mail-order/telephone-order and e-commerce.

Payment Terminals

Stay in compliance with the latest cardholder security standards with a broad range of dial-up, Internet-enabled, and wireless terminals and peripherals.

Software and Internet Products

Turn any PC with an Internet connection into a powerful processing solution for face-to-face and card-not-present transactions with a choice of secure hosted and distributed software solutions.


Reporting Solutions

Online Reporting and Support Tools

MerchantConnect is a free online reporting tool that allows you to securely monitor your merchant transactions from any web browser, any time of day. Display recent deposits, view chargebacks and retrieval requests, access customer support and more.

Support/Operations Risk Management and Fraud Control

Elavon’s network has built-in fraud monitoring and control features with a robust set of risk management and fraud prevention tools to protect your business and your customers’ card data.

Customer Service and Voice Authorization

Customer support is available whenever you need it. A dedicated and well-trained staff of service professionals operates a 24/7 call center for voice authorization and client assistance.

Already a Trustmark merchant customer, but need to register for online access to your merchant account? Get started using MerchantConnect.

If you already have your User ID and Password for MerchantConnect, log in to access monthly statements, view the status of your account and much more.