UPIC^®

Universal Payment Identification Code

UPICs are secure bank account identifiers, which allow companies to receive electronic credit payments without divulging their sensitive bank account information. They facilitate the conversion of checks to electronic payments by allowing companies to openly share their account information (e.g. print on invoices) to promote the receipt of electronic payments.

UPICs keep account information private and blocks debits to your customers' accounts, reducing the risk of unauthorized ACH debits, demand drafts, and fraudulent checks.

Click here to download the brochure.

Corporates click here.

How Does it Work?

The figure below describes how the UPIC concept integrates with the existing EPN payment system. The responsibilities of buyers, sellers and their respective financial institutions are outlined.

Read about UPICs in the press. You can also read our research on “The Remaining Barriers to ePayments and Straight-through Processing”

UPICs experienced 1800% growth in 2005! Contact Sharon Jablon at 201-319-5516 for more information. You can also visit www.upic.com.