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CheckAlt adds LA lockbox payment processing site

August 15, 2016

CheckAlt, a provider of item and payment processing solutions, has opened a new lockbox processing site in Los Angeles. CheckAlt is launching with Commercial Bank of California, which has onboarded its first commercial client to use the new site.

The LA location, strategically located near LAX International Airport, reflects an increasing demand for lockbox services in the West Coast market. CheckAlt offers 17 lockbox processing sites in 11 states across the U.S., including Arizona; California; Colorado; Florida; Georgia; Massachusetts; Michigan; Missouri; Nevada; New York; and Texas.

"We are honored to go live with Commercial Bank of California and we congratulate them for onboarding their first commercial client in our new processing site," said CheckAlt CEO Shai Stern. "We know that with this expanded capability, our clients will be able to service existing customers more efficiently, while attracting new high-value clients as well."