Check Services
SwipeNow's Check Services allows you to accept checks easily, efficiently and safely. You benefit from reduced bank fees, lowered operating expenses and improved cash ow through faster funding. And with the warranty service, returned check processing and collections can be managed by TeleCheck. The service converts a paper check into an electronic transaction at the point-of-sale. The Automated Clearing House (ACH) network is used to process the transaction and fund your account generally within two business days. Plus, if a check is returned, TeleCheck manages the entire collections process giving you more time to focus on your customers.
Features
- Point-of-sale check conversion
- Faster funding and simpler reconciliation
- Access to extensive check-writer negative and databases for current check-writer information
- Liability protection for fraudulent and returned checks
- Professional collections operation
- Courteous and helpful check-writer support
Help Your Business
- Accept more checks with minimal risk
- Minimize collections operations
- Make fewer trips to the bank
- Reduce bank fees and processing costs
- Improve cash flow
- Streamline back office operations
- Manage accurate records and balance check easily
- Reduce the risk of lost, stolen or damaged checks
- Protect your customer's personal information
- Limit your liability for fraudulent and returned checks
- Allow consumers the payment option that they prefer to use