Check Acceptance
| Free Collection and Representment For Merchants who do not accept a lot of Checks as a form of payment, we offer a FREE Collection and Representment program. The Merchant agrees to have any bounced checks referred to a Check Collection Company. The Collection Company only earns fees from the Fee collected from the Bad Check Writer. The Check Collection Company is allowed to "Represent" the Check for 60 days without any additional bounced check fee to the Merchant. With over a 90% success rate, this is a very economical choice for Merchants wanting to eliminate the hassle of processing Bounced Checks. The company we use allows you to call them and NOT collect on one of your regular customers, so you remain in control. They will also try to collect any bad checks you have right now. |
| Traditional Check Guarantee. Allows Merchants to take checks with confidence. Because an authorization is obtained electronically, the amount of payment is "Guaranteed" to the Merchant. |
| Check Imaging.
Technically known as "Electronic Check
Conversion" (ECC). An Image of the Check is taken then
converted to an electronic transaction. The Electronic Transaction
would deposit similar to your Credit Card Transactions and eliminate the
need to process paper checks. ECC is available with and without
Guarantee. |
For More information, email us at info@poscardprocessing.com