Check Processing
Electronic Check Processing with Check Guarantee
*Eliminate bad checks
*Eliminate bank trips
*Eliminate bank deposit fees
*Cheaper than credit card processing fees
*Spend more time growing your business
Retail Point of Sale check conversion process:
* The Merchant provides notice to the consumer that paper checks will be used to make an electronic conversion. Notice is as easy as posting a sign at the register.
* The Consumer presents completed paper check for payment.
* Using an imager, the Merchant scans the check to capture all information.
* The Merchant adds the payment amount and electronically submits the transaction.
* The paper check is stamped "VOID" and returned to the consumer (along with a copy of the receipt).
* Only personal checks written against a U.S. bank account can be converted. Business checks, government checks, cashier's checks, etc. are not accepted.
* The paper check must be captured with a scanner/reader. Check data cannot be manually entered or keyed.
* The consumer must be notified that their paper checks will be used to make an electronic conversion.
* The check must be stamped VOID and returned to the consumer.
* Customer's name, physical address, home or cell phone number and drivers license number must be written on check prior to scanning.
What kind of equipment do I need to process checks electronically?
We offer a wide variety of check scanners for every type of business. Ask your agent about the different check processing solutions available for your business.