Merchant Check Processing Services - PowerPoint PPT Presentation

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Merchant Check Processing Services

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TheEcheck provides the best merchant check processing services all over the world at a very minimum cost. Sign up today to introduce online payment gateway to your business. – PowerPoint PPT presentation

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Title: Merchant Check Processing Services


1
The Undisputed Leader In Electronic Check Payment
Processing
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  • Not so long ago, a person wrote a check, the
    recipient deposited it at his bank and the check
    was processed, manually. Sometime the entire
    process took days to complete. The depositor had
    no choice but to wait for the funds to clear.
  • Today, things are different. Technology has cut
    down the delay with the electronic transfer by
    turning a paper check into an electronic
    transfer.
  • For a merchant, the merchant check processing
    services implies funds are electronically
    transferred from a clients bank account directly
    into your bank account.
  • In simpler terms, it is check cashing simplified,
    with hassle-free and inexpensive mode of payment
    features. Its just one of many merchant services
    that TheEcheck.com provides to help you meet all
    of your payment processing needs.
  • The e-Check Process
  • The e-check process begins with the customer
    writing a paper check at the time of purchase.
  • The check is run through a reader or imager that
    captures the required information, such as the
    check number, account number and the banks
    routing number and merchant-related information
    to accept checks online.
  • After that, a receipt is generated and printed
    which the check writer is required to sign.

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  • The check is then voided and returned to them.
    This transaction appears as a debit on the
    customers bank statement, and not a check. 
  • You can proceed with uploading the captured check
    information for processing. The proceeds are then
    deposited into your merchant account after a
    while. 
  •  
  • Benefits of Electronic Check Processing
  • Lets look at the numerous benefits Electronic
    check processing offers
  • With the provision of e-check, there is no need
    to physically take the check to the nearest
    branch of bank.
  • It also does away with the process of filling the
    deposit forms at the time of deposit.
  • Getting online clearance for checks greatly
    reduces the chance of checks being lost or
    stolen.
  • The most important reason, you get paid faster.
    What can be greater benefit than getting your
    payment swiftly, with no hassles?
  • Checks can be converted at each location, if you
    are working from more than one location. Funds
    are then deposited into the main account.
  •  

5
  • TheECheck.com provides eCheck processing accounts
    since 2009 with specialization in High Risk
    eCommerce based industries. The impeccable
    customer service offered by them has allowed them
    to outshine their competitors and is now regarded
    as a leader in the creation and operation of
    online integrated processing platforms like
    eCheck, ACH and Credit Card processing, as well
    as Prepaid Debit Cards.
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