FIS Lockbox Processing helps organizations streamline and integrate their lockbox payments and gain a consistent view of their cash position. Today’s payments processing requirements have become much more complex, requiring greater flexibility, more collaboration, and a higher degree of sophistication than ever before. This solution addresses these modern challenges by offering scalable technology and experienced resources through an outsourcing model, supported by a nationwide footprint to serve diverse market needs. The ASP (Application Service Provider) offering further provides flexibility, allowing institutions to maintain operational responsibilities while leveraging FIS's robust infrastructure. It is designed to cater to all payment needs, encompassing retail lockbox, wholesale lockbox, and even wholetail lockbox services. With strategically located payment processing centers across major U.S. states including California, Texas, Florida, Georgia, Illinois, Wisconsin, Minnesota, South Dakota, Pennsylvania, and Massachusetts, FIS ensures comprehensive coverage and reliable service delivery. This integrated approach not only optimizes the payments process but also reduces operational complexities, increases customer reach, and allows organizations to refocus on their core business objectives.

Features & Benefits

• Increased Flexibility
  • Allows organizations to accommodate any payment mechanism, adapting to diverse operational requirements.
• Improved Efficiency
  • Optimizes payment and receivables operations, leading to more effective financial management.
• Enhanced Working Capital
  • Facilitates better cash management and provides greater visibility into payment flows.
• Renewed Focus on Core Business
  • Reduces the burden of payment processing, allowing organizations to concentrate on their primary activities.
• Strengthened Customer Relationships
  • Frees up resources to be more responsive to customer needs and enhance service delivery.
• Scalable Outsourcing & Nationwide Coverage
  • Offers scalable technology, experienced resources, and a broad U.S. footprint with strategically located processing centers.
• Diverse Lockbox Support
  • Supports retail, wholesale, and wholetail lockbox services to meet all payment processing needs.
• Flexible ASP Offering
  • Provides an Application Service Provider model that offers flexibility while allowing institutions to maintain operational control.