While most younger audiences have been quick to embrace debit cards and digital wallets, 26 percent of businesses and 14 percent of consumers continue to use checks and e-checks. But that doesn’t mean you have to gamble with whether or not checks will clear.
Once upon a time, accepting checks was a much riskier business than it is today. In the past, you would take a check to the bank and wait days for funds to clear and arrive in your account. That is, of course, assuming the funds were available and the check didn’t bounce. Now, check and e-check processing works very much like debit card transfers.
Thanks to electronic check processing, the money goes into your account much faster than traditional checks, which can take several days to clear. Which makes your cash flow a lot easier to track.
Ditch the fees! Processing checks through an electronic network results in lower fees than credit cards, in addition to the already affordable prices when using BankCard Services.
Cut your risk of accepting fraudulent or bad checks. Our electronic check processing screens our database of risky checks and instantly approves or denies accordingly, significantly reducing your risk in the process.
For you and your customers, electronic processing provides peace of mind. Thanks to state-of-the-art encryption technology, your customers know their transaction is safer than traditional checks that give strangers access to their banking information.
Put the days of bounced checks behind you and start accepting and processing quicker and more efficiently than ever before. When a customer pays by check, you don’t have to worry about if the funds will clear, as our equipment allows you to convert checks into secure digital documents that ensure payment.
Take advantage of our electronic check services for greater assurance of when you’ll be paid, and be alerted faster if there are any issues. It means less paper and more convenience for staying on top of balancing your books.
There are many organizations out there promising the moon and stars when it comes to payment processing, point of sales systems, and check processing. But they can’t all deliver on their promises. We take considerable pride in offering a wide degree of versatility in our products and services, and we stand behind them with 24/7 support.
©2021 BankCard Services, Inc. is a registered ISO of Wells Fargo Bank, N.A., Concord, CA. American Express may require separate approval. All Rights Reserved. The Clover trademark and logo are owned by Clover network, Inc., a First Data company. All other trademarks, service marks and trade names referenced in this material are the property of their respective owners.