CheckAlt™ Electronic Payment Processing Solution Signs Rimon Law Group

LOS ANGELES, July 14 /PRNewswire/ -- CheckAlt, from Skyline's DirectFED Payment Solutions, today announced that Rimon Law Group has been successfully using the company's proprietary e-check transaction processor. By providing CheckAlt to its clients, Rimon Law now provides the fastest and most secure form of electronic payment for the firm to receive payments via electronic checks, or ACH, online.  Customers are able to pay Rimon Law in just a few clicks of a mouse, making CheckAlt a premier payment solution in the business-to-business online transaction-processing arena.

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Rimon Law Group is a full-service global corporate law firm comprising of only partner-level attorneys, each with over ten years of experience from major international companies, law firms and governmental agencies. By utilizing CheckAlt, Rimon Law is not only able to receive funds in an expedited manner, but the firm is also able to quickly bill the clients by providing access to Rimon Law's CheckAlt merchant payment portal directly in an electronic invoice.

"CheckAlt is a great solution for Rimon Law Group since they are consistently working with clients online," stated Shai Stern, Co-Chairman of Skyline's DirectFED Payment Solutions as well as corporate filings company Vcorp Services. "Not only will payments get processed faster, but CheckAlt reduces processing costs and offers an online e-check solution which makes the process seamless. CheckAlt gives access to the two most important parts of running a business: increased profits and timely access to cash flow."

With CheckAlt, Rimon Law is able to issue invoices via e-mail, receive instant notification of payments, and track payments and outstanding invoices online. Moreover, once a customer makes a payment, the funds are transferred directly into the firm's bank account from the customer's bank account.

"CheckAlt makes sense for our business because the process is extremely quick and seamless," said Guy Rotberg, CIO of Rimon Law Group. "With our old method of accepting payments, checks sometimes took weeks to clear. Now, we are able to view pending payments immediately, and receive funds within a couple of days."  

In addition to CheckAlt, Skyline's DirectFED offers Remote Deposit Capture which allows clients to not only receive funds in as little as 12 hours but also, by extension, to improve the efficiency and profitability of their operations. The simple Check 21 software provides the capability to integrate paper checks into accounting with a single scan, backed by around-the-clock technical support. The company's efficient process results in the elimination of float and assessment fees, fast access to your capital and optimization of profits and funds availability.

Skyline’s DirectFED Payment Solutions also recently announced DirectFED Mobile™ powered by Mitek Systems Inc. This new product offering provides a fast, secure and most-importantly easy form of depositing checks in the bank by simply taking a photo of the check with an iPhone™, BlackBerry™ or other smartphone device.

Having processed more than 8.5 million checks totaling more than $7.1 billion in transactions, Skyline's DirectFED Payment Solutions is the fastest growing payment-processing company today.

To learn more about CheckAlt or to enroll please visit www.checkalt.com.

About CheckAlt of Skyline's DirectFED Payment Solutions

CheckAlt is a division of Skyline's DirectFED Payment Solutions, which is the first business-centric processor performing Remote Deposit Capture. Skyline's DirectFED takes advantage of the benefits created by the Check Clearing for the 21st Century Act ("Check 21"). Skyline's DirectFED goals for their customers are to optimize float, reduce bank fees and provide significant back-office savings by taking advantage of new laws and technologies. Their patented suite of products provides unique solutions for businesses that range from multinationals to small enterprises, not-for-profits, municipalities and all types of financial institutions. For more information visit www.checkalt.com.

SOURCE Skyline's DirectFED Payment Solutions