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Check
Conversion with Guarantee
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Paper checks can now be accepted at the point-of-sale the same as credit
cards. Electronic Check Conversion is easily added to your existing credit card
system. The process is quite simple and requires an imager/reader to be attached
to your terminal. The paper check is passed through the reader and then verified
against a database of negative files and bounced check writers. A match in the
file will result in an instant decline. In some cases, funds can made available
through supported ATM networks. Upon approval of the check, the paper check must
be stamped "ACH Processed" and returned to your customer. The transaction is
complete at this point, and the funds will be deposited into your bank account
within 72 hours, just like a regular credit card transaction. The check
conversion program is supported by an online reporting system as well as 24-hour
customer and technical support. This program saves you accounting time, trips to
the bank, increases accuracy of reporting, and most importantly - no more
bounced checks.
Back to Check Processing
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