OnNet™ - Centralized, web-based, management for payments, settlement, clearing, electronic data workflow and communications between correspondent and respondent institutions and other endpoints
OnNet solutions deliver powerful, customizable online processes for managing payments, settlement, respondent to respondent clearing (R2R), electronic data workflow and communications between correspondent organizations and their respondents, the Federal Reserve and other end points. This advanced interchange system allows correspondent and clearinghouse organizations to offer respondents a centralized, web-based, payments hub for managing payments and other messages. The browser-based design allows correspondents to offer payment services in a shared environment. By bringing more clients into the network and growing the volume of aggregated respondent transactions, per item correspondent processing costs can be reduced, while simultaneously increasing fee income.
For more detailed information please contacts us at sales@profitstars.com, or 1.877.827.7101.