Check Conversion/Guarantee

Check sales account for over 50% of all non-cash payments at the point-of-sale. That’s more than $650 billion annually. When merchants accept checks, they make more sales. Check conversion & guarantee services provide the flexibility and immediacy of electronic payments with the comfort and familiarity of paying by check.

Electronic Check Conversion (ECT)

Electronic check conversion combines the benefits of paper checks with the speed, ease and safety of electronic processing. It’s just like accepting a credit card or debit card at the point-of-sale. The check is converted to a paperless transaction by electronically moving funds from the customer’s bank account to the merchant’s bank account. Combined with Check Guarantee, this service delivers a streamlined check acceptance process that eliminates returned checks and returned check fees, while reducing paperwork and trips to the bank.

Electronic Check Conversion (ECT)

Check Guarantee

Check guarantee minimizes your risk of accepting bad checks. With check guarantee services, the merchant authorizes the check from its database of millions of records, accessing both local and national negative files of unpaid checks.

Benefits of Check Guarantee