Under new U.S. banking regulations which came into effect March 15, 2002, the Check Truncation Act, personal checks received through the mail or over-the-counter can be scanned to capture the check image and data. An electronic file can then be presented for electronic clearing though the ACH (Automated Clearing House) network. The original check is then destroyed and the image is retained as an electronic record of the transaction. Creditron's President, Wally Vogel commented, "The real strength of this new solution is that it replaces the paper check clearing process with a much more efficient electronic process, but doesn't require the typical consumer to change their behavior - they can keep writing checks as they always have."

Creditron provides software solutions in processing all types of payments including checks, money orders, credit card payments and electronic payments. Creditron is an authorized reseller of NCR payment processing hardware and is a Microsoft Certified Partner.

Ventanex, Ltd., with high performance tools, takes time-consuming paper processes and turns them into a seamless stream of electronic data by integrating a company's back-end accounting systems with their suppliers and customers.

Wally Vogel, Creditron
800-704-8777
info@creditron.com

Ken Ross, Ventanex, Ltd.
888-321-3249
sales@ventanex.com