Payments
Deluxe Payment Network
Digitize payments to lockbox addresses to help get quicker settlements, lower costs and improved payment security.
The Deluxe Payment Network benefits payers, wholesale lockbox providers and payees by automating the digital transfer of funds. It gives high-payment-volume businesses instant access to the digital lockbox addresses of any business within the network.
Deluxe will take the payment and remittance data and compare the payment mailing address to a directory of addresses of participating lockboxes.
Who It's For
Help reduce costs and fraud while enhancing control over payment timing. Deluxe Payment Network connects high-volume business-to-business payers directly to wholesale commercial lockbox providers. This eliminates printing costs, helps lower fraud risk, and increases predictability—with no process change required.
Reduce processing and labor costs. Furthermore, exceptions become the exception. Digital lockbox payment remittance data is clean, so misdirected payments, human error and stolen mail are nearly eliminated.
Direct digital payments become easier, quicker and more efficient when payers have access to any commercial lockbox address in the network.
Deluxe Payment Network has unlocked the solution of digitizing check payments to commercial lockbox providers. Eliminating payments by mail has resulted in streamlined payment processing and faster, more secure deposits.
How it Works
Disbursement files are ingested through an API.
Files are standardized and matched against the network lockbox directories.
For matched entries, a digital check payment is created and sent to the lockbox provider. Exceptions for non-matched entries will be returned to the payer.
Details of correspondence (e.g. EOB, EOP, etc.) can be transmitted to Deluxe and forwarded to the lockbox provider with the payment.
Streamline your Payment Processes
with Deluxe Payment Network
