PRODUCTS & SERVICES

Check Guarantee / Check Conversion

Process Checks like they were Credit Cards!

Use electronic check conversion to transfer information from a paper check into an electronic payment from your customer’s bank account. With Check Guarantee, merchants can relax knowing that they will still receive payment even if a customer writes a "bad check."

Check Guarantee Details

Check Guarantee and Conversion program occurs at the Point of Sale.
Face-to-face transaction required.
After the check is read and processed, it is handed back to consumer.

Procedure at the Point of Sale

Merchant will swipe check through a check reader and input drivers license number and amount of sale.
If transaction is approved a duplicate receipt will print and the customer completes the receipt.
The check is stamped "ACH Processed" and the check along with the receipt are handed back to the consumer.
Check Processing Company will fund merchant on transaction in 48-72 hours similar to a credit card. (Consumer still experiences a 2 day float.)
Merchant will not be charged back for any returned checks. (As long as proper procedures arefollowed.)

Merchant Responsibilities

The receipt must have consumers signature, printed name and phone number.
Drivers license number must be entered into terminal.
Merchant must batch out daily and provide a copy of receipt within 48 hours of the Check Processing Company's initial request.
Check must be from the consumer's PERSONAL checking account!

Merchant Benefits

Increase sales by accepting all types of checks including out-of-state checks.
Eliminate bad checks.
Faster availability of funds.
Eliminate NSF and deposit fees from local bank.
Streamline accounting by eliminating the sorting and depositing of paper checks.
Process is easy to learn for it mirrors Credit Card transactions.
No paper claims to file for bad checks.
Detailed online reporting available.

For All
Business
Types: Medical,
Internet, Retail, Service Industry, Mobile Merchants, Government,
and more!