Enhanced Services

VIST offers additional, convenient solutions to manage your business and accounts with quickness and efficiency, allowing you to take your business to the next level. 

 

Credit/Debit Card Acceptance Program

The VIST Credit/Debit Card Acceptance Program allows you to enjoy a wide variety of payment processing options for your business, allowing you to have more time to focus on what's important to you—your customers.

  • The fastest and most reliable transaction processing network in the industry
  • Process all card types
  • Online reporting
  • Electronic check processing
  • Electronic gift card
  • Recurring payment
  • Wireless payment processing
  • Electronic Benefits Transfer (EBT)
  • Low monthly statement fee
  • Low transaction fees
  • Competitive discount rates
  • 24-hours, 7-days a week, 365-days a year of customer support
  • Online service available via www.MerchantConnect.com
  • Over 97% of merchants are satisfied with Elavon customer service

 

The type of business and internal operating procedures of your business will determine the processing system required:

  • Electronic Draft Capture - Each credit or debit card transaction is entered into a terminal, authorized, and captured then stored in the terminal. At the end of the day, you perform a "settlement" and the funds are credited through ACH (Automated Clearing House) to your checking account.
  • Touch Tone Processing - Transactions are authorized via a touchtone telephone. Each night, your account is automatically settled and transmitted to the merchant card processor, and is credited through ACH for the transactions.
  • Personal Computer - PC software and Internet solutions are available that can turn your desktop pc into a POS (point of sale) credit card processing solution. 

 

Whether you accept credit and debit cards, electronic gift cards, process checks electronically, want to reduce check fraud, or expand into e-commerce, VIST Financial can provide your business with leading-edge solutions and unbeatable customer service, through a partnership with Elavon.

 

 

Direct Deposit

Best Fit: If you’re looking to process your payroll with speed and convenience, contact VIST for information on our Direct Deposit service.

 

 

E-Statement                                                                                                       

E-Statement eliminates the need for paper statements.  An electronic version of your bank statement is available to you via a secure server which allows for (12) of statement viewing!  The electronic statement contains all the same information, including images (if applicable) of your checks and deposit tickets. It’s safe, convenient, easy, fast and free! 

access e-statement application

 


Master Escrow Account

VIST Financial’s Master Escrow Account is a comprehensive and convenient way to manage your clients’ escrow funds—by simplifying recordkeeping, ensuring accuracy and saving time.

  •  One master savings account with multiple sub-accounts.
  • Each individual sub-account has their own client name, designated funds and the interest earned for that client. 
  • Includes disbursement checking account to provide a way for customers to disburse funds to their clients.
  • A maintenance fee free account.
  • The ability to house individual escrow funds in a single master account.
  • Sub-accounts easily opened with each initial deposit.
  • No limitations on the number of sub-accounts opened.
  • Reduces administrative burden by streamlining account opening and closing.
  • Fund Security- Each sub-account is FDIC insured up to $100,000.
  • Monthly Cumulative Statements reduce paperwork.
  • Convenience of access to sub-account figures and account information.
  • Provides an audit trail.
  • All interest is paid at the sub-account level.
  • Complete IRS reporting of 1099's done by the bank.
 

 

Re$ubmitItTM, Check Recovery Program

Re$ubmitIt TM provides a no-cost solution that allows you to increase your success in collecting funds without having to devote time and effort to the collection process.

 

Through our unique partnership with CheckVelocity, you get 100% of the face value of all checks that are collected electronically, and you get to collect funds more quickly.

  • Recover 100% of the face value of all checks collected electronically.
  • Potentially double your rate of recovery.
  • Fast collection with a higher rate of success. Utilizes the Automated Clearing House (ACH) network for re-presentment directly to the check writer’s bank account.
  • Reduce fees.
  • Monitor all collections through 24/7 online reporting.
  • A true, no-cost solution. Once converted from paper, all collection efforts are handled electronically from beginning to end so you will never have to spend valuable time and money in the collection process.
 

For more information click here to access the CheckVelocity website and to start enjoying the benefits of this valuable service simply submit the enrollment agreement found under sign-up.

 

 

 

 

For more information on our Enhanced Services, Contact us. Or please call us or visit your local VIST Financial center.