NetSuite Electronic Payments brings complementary electronic banking functionality to NetSuite that includes electronic funds transfer (EFT) payments, customer refunds and customer payments (direct debits) as well as check fraud prevention through the Positive Pay service offered by leading banks. It helps ensure that employees and vendors are paid on time and customer bills are settled automatically. With support for a wide range of global and local bank formats, NetSuite Electronic Payments provides a single payment management solution worldwide.