Eliminates Returned Check Fees
Reduces Check Fraud
Speeds Customer Check-Out
Funds are available within
2-3 business days
Complete transaction reports
on bank statements
No bank trips to deposit paper checks
Eliminates Deposit Item Fees
Sophisticated Settlement and Clearing
Reduces Check Fraud
Speeds Customer Check-Out
Funds are available within
2-3 business days
Complete transaction reports
on bank statements
No bank trips to deposit paper checks
Eliminates Deposit Item Fees
Sophisticated Settlement and Clearing
Processing Equipment
Of course, no solution would be complete without the devices needed to process your customers' cards. Merchant Financial Systems provides a complete line of processing equipment to fulfill your needs.
Find out more about our processing
equipment here.
Merchant Services Network offers a robust electronic check processing service called Convert-A-Check. Our solution is flexible for every type of business need. Choose from conversion with or without guarantee of funds. You can choose the solution that tailors your individual business need the best. Below is a breakdown of the differences between the two.
Conversion with Guarantee
The solution for merchants who accept a large number of checks from a large client base.
- Checks are converted to an electronic transaction and are accepted with the same convenience as credit cards.
- Transactions are funded within 48 hours.
- Eliminates worry of insufficient funds.
- Zero responsibility for collection of returned checks.
Conversion without Guarantee
- The solution for merchants who accept a large number of checks from familiar customers.
- Checks are converted to an electronic transaction and are accepted with the same convenience as credit cards.
- Transactions are funded within 48 hours.
How Convert-A-Check Processes Payments