TROY SPS, a division of TROY Group, Inc., a worldwide leader in document security and secure MICR (Magnetic Ink Character Recognition) check printing solutions is proud to announce the newest update of their payment solution TROY FlexPay.
TROY FlexPay integrates with QuickBooks, both Desktop and Online, and provides small to medium sized businesses with convenient, safe and secure options for paying invoices. Payment options include the printing of checks in-house, the creation of a digital check, payment via ACH, or TROY’s check fulfillment service. All options are available through an online, user-friendly interface.
The update now includes a “try it before you buy it” 30-day free trial option, with no credit card required. Users can also now create payments without a bill, link bank accounts with account numbers and micro-deposit verification, make digital check payments, and enjoy 2-Factor authentication.
A digital check payment allows the vendor to capture a check image on their smart phone to deposit in their bank account, convert to ACH without sharing their account information with their supplier or request a printed check from TROY’s check fulfillment service. This provides for both a check printing and digital payment all-inclusive solution.
Businesses that hand write checks or print checks on pre-printed stock displaying bank account information are leaving themselves vulnerable to fraud. A key feature of TROY FlexPay is the ability to print on blank stock, on-demand, thereby ensuring a more secure chain of custody. This is also less expensive than buying pre-printed checks and eliminates the need to buy pre-printed checks for multiple accounts.
“While businesses have certainly adopted methods of electronic payments, many business owners still prefer the control that comes with making payments by check,” said Michael Riley, President of TROY SPS. “We’re continuing to develop TROY FlexPay as a solution that provides the best of both worlds … a much-needed bridge between physical and digital payments.”
Every payment with TROY FlexPay seamlessly syncs with QuickBooks. This is a two-way sync that ensures data accuracy across both platforms and eliminates the need for entering the same data multiple times.
TROY SPS, a division of TROY Group, Inc. is a worldwide leader of secure payment and security solutions. TROY offers secure hardware, software and specialty consumables required for making digital payments, printing checks, and printing secure documents. TROY is the only manufacturer of MICR Toner Secure, the World’s Most Fraud Resistant MICR Toner™, a patented technology, which protects checks from fraud with an anti-tamper security feature. Customers include the top U.S. banks, key government and insurance accounts, and businesses of all sizes.