• Electronic Check Conversion, (ECC) where paper checks are converted into electronic transations right at point-of-purchase;
• Check Collection, providing merchants with traditional paper-based collections and recovery services, through LML’s call center , NSF handling and Account Management capabilities;
• Electronic Check Re-Presentment (RCK) service, where returned checks are re-presented for payment electronically with greater speed and higher priority than traditional paper re-deposit allows.

LML’s ECC services utilize LML’s proprietary patent-protected systems (see Patents & Licensing) to convert paper checks into electronic transactions at point-of-purchase.

LML’s patents and intellectual property extend to Internet purchases where payments from checking accounts are authorized electronically over the Internet.

Through the acquisition of Beanstream Internet Commerce Inc. ("Beanstream"), LML's latest addition to it's current suite of services include:

• Credit Card Processing
• Electronic Funds Transfer
• Automated Clearinghouse payment processing and authentication services for both e-commerce and traditional businesses.

For more information about LML, contact LML Payment Systems – consumer friendly, merchant driven.