PRODUCTS & SERVICES

Check Guarantee / Check Conversion

Process Checks as if they were Credit Cards!

Use electronic check conversion to converts information from your paper check into an electronic payment from your customer’s bank account. Check guarantee provides you with the peace of mind that you still get your money even if a customer writes a “bad check”.

Check Guarantee

Check Guarantee and Conversion program at the Point of Sale
Face-to-face transaction required
Check is handed back to consumer

Procedure at the Point of Sale

Merchant will swipe check through a check reader and input drivers license # and amount of sale.
If transaction is approved a duplicate receipt will print and consumer completes receipt.
The check is stamped "ACH Processed" and 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 were followed)

Merchant Responsibilities

The receipt must have consumers signature, printed name and phone number.
Drivers license # must be entered into terminal.
Merchant must batch out daily and provide copy of receipt within 48 hours of Check Processing Company requesting it.
Check must be from a consumers 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
Eliminate the sorting and depositing of paper checks
Process is simple to use because it mirrors a credit card transaction
No paper claims file for bad checks
Detailed online reporting available

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