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Many customers are already familiar
with ACH through the direct payment of mortgage or insurance
bills, or the receipt of payroll through direct ACH deposits. In
fact, in many parts of the country, retailers are converting paper
checks to ACH transactions at the register by scanning the check
to obtain the appropriate info and returning the paper
check to the consumer.
Electronic Check Conversion
Benefits Businesses and Consumers
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Faster availability of funds |
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Increase cash flow
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Less expensive to
process |
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Scanned images are stored online for easy retrieval
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NSF
and other returned items are discovered faster
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NSF
items can be resubmitted |
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No
deposit slips to fill out. No trips to the bank
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A check can now
be as hassle-free as a credit card transaction. It's more
efficient and secure and allows companies to
focus more on business
and taking care of customers.
For more
information on Ventanex's
electronic check conversion solutions, call 888.321.EBIZ (3249) or
email us today!
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