Collections
Merchant Card Processing
South Shore Bank offers state-of-the-art credit card processing solutions through our Merchant Card Processing Partner, First Data. Not only can we offer superior products, but we also provide industry leading customer support and competitive pricing. Our Merchant Card Processing program lets your business:
- Accept payments from Mastercard, VISA, American Express and Discover
- Access training to certify PCI compliance
- Set up EMV enabled terminals to limit business’ liability for fraudulent transactions
- Streamline sales management and inventory management with industry leading POS equipment
ACH Services
To help keep your banking convenient, South Shore Bank offers Automated Clearing House (ACH) services. You can receive money electronically on predetermined dates, and process electronic withdrawals from customers. It's easy, efficient, and with South Shore Bank’s Business Online Banking, it's simple! Create templates, upload files, and process an ACH Batch.
- Direct Deposit
- Preauthorized Debits
- Cash Concentration
- Vendor Payments
- Tax Payments
Remote Deposit
Do your banking right from the comfort of your own office! Deposit checks as late at 6:30pm and receive credit on the same business day!
When you're ready to get started, give us a call! We'll determine which scanner is required based on your check volume, fill out a quick application together, get you trained, and be with you through the entire process!
Mobile Deposit
What's better than depositing check from your office? Depositing checks from anywhere! Our secure user-friendly Business Mobile App lets you quickly:
- Access our application through a secure log in
- View all account balances
- See detailed account history
- Perform transfers between accounts
- Deposit a check right from the convenience of your mobile phone/tablet
- Pay your bills via our Bill Payment system
Lockbox
South Shore Bank's Lockbox Services let you streamline your receivables processing and gain easier updating of customer payments, so you can have faster access to funds.
Payments are sent directly to a Lockbox that is collected several times a day, so checks get deposited directly into your South Shore Bank checking account, but the benefits don't stop there! In addition to improved cash flow, increased controls and security, your business will also enjoy:
- Same-day image files of all deposits
- Easy and convenient online access to all deposits and exception items
- Customizable output files to streamline your receivable processing
Federal Tax Payment System (EFTPS) Online
Save time and money by paying all of your federal business taxes electronically! With EFTPS Online you can make a tax payment, review your payment history and much more. Paying your taxes online is easy, secure, and FREE!
To learn more or enroll visit the EFTPS website here.