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Electronic Check Conversion
 
 

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

bullet Faster availability of funds
bullet Increase cash flow
bullet Less expensive to process
bullet Scanned images are stored online for easy retrieval
bullet NSF and other returned items are discovered faster
bullet NSF items can be resubmitted
bullet No deposit slips to fill out. No trips to the bank

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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