Acceptance of checks is a major part of payment by consumers even in today’s business environment. Why not accept them with piece of mind? Review our check processing solutions below. No matter what type of business you are, we have the program for you!
Features: The check is verified by screening it through several databases and fraud detection systems. Once the check passes a sophisticated risk assessment it is authorized at the point of sale terminal. The funds are then electronically deposited into your bank account in 2-3 business days.
Benefits: Increase sales by safely accepting checks at your terminal – Eliminate bad checks for security and peace of mind / check handling labor and trips to the bank – Faster availability of funds – Eliminates NSF and other banking fees – No paper claims for bad checks – Detailed online reporting of all activity
Business Environment: Retail
Transaction Type: Face-to-Face
Features: Process a one-time debit from a customer checking account and/or schedule payments of the same amount to occur on a regular basis so transactions will process automatically on a scheduled basis.
Benefits: Ability to debit Personal and Business checking accounts – Recurring ACH Debit transactions are initiated automatically – No software or terminal to purchase – Eliminates banking fees and paper check handling costs – Detailed online reporting of all activity – Low cost payment processing – NSF items re-submitted automatically
Business Environment: Mail Order / Telephone Order / B2B
Transaction Type: Face-to-Face / Mail Order / Fax
Features: Have the ability to accept and process checks electronically without have the customer present. The check is verified by screening it through several databases and fraud detection systems. Once the check passes a sophisticated risk assessment it is authorized at the point of sale terminal. The funds are then electronically deposited into your bank account in 2-3 business days. Eliminates the risk of accepting checks.
Benefits: Versatility: Accept all types of checks at the point of sale or via mail or dropbox – Security: Guaranteed funding – Speed: Fast electronic deposit of funds in 2 to 3 business days – No ACH restrictions – Detailed online reporting of all activity – Deposits to merchant’s existing bank account, not a separate account as with other processors – Skip the trip to the bank, saving time and labor
Business Environment: Back Office / Mail Order / Phone Order / B2B
Transaction Type: Checks by Mail / Mail Order
Features: Accept checks via phone and be funded even if the check returns. You will be required to utilize a Virtual Terminal to input transactions. The Virtual Terminal allows processing through a PC and eliminates the expense of physical terminal hardware.
Benefits: Businesses of any size can safely accept checks over the phone – Funding is guaranteed – Eliminates paper check handling costs – Funds are ACH’ed – Guaranteed Funds when processed via Gateway – Accept personal checks – Centralized detailed online reporting of all activity
Business Environment: Mail Order / Telephone Order
Transaction Type: Telephone
Features: Process a consumer initiated debit from their checking account. Consumer enters transaction and account information into your shopping cart/gateway. This product is designed for merchants who are selling goods or services on the internet via website.
Benefits: Additional payment options on commercial website increases sales – Eliminates banking fees and paper check handling – Details online reporting of all activity – Low cost payment processing – NSF items can be re-submitted automatically
Business Environment: E-Commerce
Transaction Type: Website
Features: Process customer payments while out in the field by calling the toll-free service number. Authorization forms are completed onsite with the check writer present. All checks will be guaranteed for reimbursement, thus assuring that each check will be paid.
Benefits: Mobile Check Processing – No Terminal or Check Reader needed – Security of knowing while onsite that payment is valid – Consumer signs an ACH Authorization Form while no paper check is used – Track sales/production volume by employee
Business Environment: Mobile
Transaction Type: Telephone
Features: No Cost Check Recovery Program for bounced/returned checks. Service will attempt to collect funds on bounced checks and all successfully collected checks are reimbursed weekly to your bank account at 100% of face value. View your bounced check history and progress through CheckMarc’s website portal.
Benefits: Reduces employee time in attempting to collect on bounced checks. Completely free service that has an 80-85% recovery rate. Reduce internal collection expenses and awkward collection calls to customers. Bounced checks are forward directly from your bank to CheckMarc for recovery. No communication necessary on your part to recoup bounced checks from customer.
Business Environment: Retail / Back Office / Mail Order / B2B
Transaction Type: Face-To-Face / Check by Mail