a method for facilitating the delivery of electronic funds and conveying an explanation of benefits to a service provider is described herein . a claim for payment by a service provider is adjudicated by a third party administrator . an electronic funds transfer is generated under a transaction set specification that encodes both payment information as well as an explanation of benefits . the eob indicates which charges were approved and / or which were denied . the eob data is extracted from the eft and an image is generated containing the text of the eob . the image is created in a format that is compatible with the online delivery of posted - paper checks . when the service provider logs into its bank to reconcile charges the eft transaction is noted and the provider clicks on the “ view check ” link to obtain the eob information .