Take checks just like credit cards! If you accept personal checks, we can help you eliminate fees on returned checks and get your money faster with our electronic check conversion services for merchants.
With our electronic check conversion equipment and processing services, you can accept checks just like credit cards. No more worrying about going to the bank every day to deposit those pesky paper checks, just scan them with the check reader. Not only will you get the money from the customer’s account to yours faster, but you won’t have to worry if the check is good or not because of instant notification.
Increase the Efficiency of Accepting Personal Checks
Electronic check conversion will help increase the efficiency of check transactions, especially if you already have the hardware to swipe credit cards. The same machine that accepts credit cards can also be used to process electronic check conversions. It is easy to train your staff and more convenient for your customers. Customers still complete and sign their checks just as they always have, so they find the process easy to understand. For you, the merchant, making the switch to accept checks with electronic check conversion is a sound business decision with many benefits. Call us today to make the switch to electronic check conversion.
When you take personal checks in your store, it usually takes 2-3 days before the money actually moves from the customer’s checking account to yours. But if you have the right equipment, you can scan the check and create a digital transaction that moves the money from point A to point B in seconds rather than days. And, because you get instant notification, you don’t have to worry about fees for returned checks or overdrafts on the customer’s account.
Improve Service to Your Customers and Increase Security
More and more merchants are choosing electronic check conversion, improving customer service by increasing the speed and convenience at checkout. It also helps increase security due to minimal exposure of personal data and better record keeping of each transaction with your customer’s bank and your bank.
Electronic Check Conversion converts the information from a paper check into an electronic payment from the customer’s bank account. The customer waits while you process the check electronically, which takes a matter of seconds. The information from the check is transmitted to the customer’s bank or financial institutions in the form of an electronic fund transfer (EFT). Once it has cleared, you hand the check back to the customer before they leave. This eliminates the typical two to three day floating period that you have when you deposit a paper check in your bank account.
The Right Equipment for Processing Checks Electronically
You need to have the right equipment in order to process checks electronically, and we electronic check imagers from manufacturers like Mag-Tek and Verifone. Check out our full line of check readers »
The MPS Difference for Processing Personal Checks
If you process checks electronically, do you know what your transaction fees are? Are they as low as possible? We would be more than happy to take a look at your statements and let you know if we can save you money on electronic check conversion, either on your transaction fees or by using better, faster, more modern equipment.
We are committed to providing excellent customer service, and provide free installation, processing terminals and 24/7 customer service and technical support. We try to stand out from our competitors because of the complete package of electronic check processing products and services that we offer. We try to break the mold in the payment processing industry with our integrity, honesty and commitment to our customers. When it comes to electronic check processing, you also get the following benefits:
- Lowest processing fees in the industry
- Stop-payment coverage
- Fully guaranteed funds
- No lease or long-term obligation
- 24/7 customer service and technical support
- Increases cash flow with 48-hour funding
- Check conversion terminals that can also swipe all major credit cards
By utilizing electronic check conversion, you can:
- Process checks just like a credit card
- Eliminate returned check fees
- Eliminate fees for non-sufficient funds
- Increase your sales by taking checks from anyone without worrying if the check is good
- Decrease the time spent filling out deposit slops and going to the bank with global payments
- View reports of all checking account activity 24/7 via the web
- Accept the most popular form of payment in the U.S. with confidence
Check Conversion programs available:
- Xpress Check
- Electronic
- Check HoldCheck
- Small Ticket
- Mail Order
- C.O.D.
- Choice Xpress
If you are a merchant looking for an honest, trustworthy partner that can help you implement electronic check conversion for your business, then give us a call today at 866-239-2541. If you can’t call right now, send us an email and one of our representatives will get in touch with you.
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