Electronic Check Processing
Would you like to lower your cost of payment acceptance, improve retention and attract new customers? Our eCheck Solutions can help you do all that and more.
With eChecks or Electronic Check Processing, We can directly debit a consumer’s checking account electronically. There’s no paperwork, no hassles and reduced risk of fraud and chargebacks.
Electronic Check Processing enables you accept payments online and over the phone, at a lower cost than both paper checks and credit cards. It’s also well suited to recurring payments, such as monthly fees and memberships, in which the consumer’s bank account is debited monthly.
And, with check conversion, you can convert paper checks you receive in the mail into electronic checks, streamlining your operations and accelerating your funding time frames.
Electronic Check Processing service supports:
* US and Canadian currency
* Single file submission of Electronic Check Processing transactions in the same file as your credit card transactions
* Comprehensive reporting and online transaction history search tools
* Validation (checks validity of banking route number)
* Verification (uses multiple databases to check for negative account information)
* Consumer authentication (verifies consumer identity to minimize fraud losses)
* Point of Purchase (POP) check conversion
* Account Receivable check conversion (ARC)
For a complete analysis of how your company can improve your bottom line with electronic checks, please contact us today.