Electronic payment processing services


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 Electronic Point of Sale Check Conversion

(Without Check Guarantee)

PROCESS CHECKS JUST LIKE A CREDIT CARD!

With Western Clearing Corp's program provides for the incorporation of a check scanner/imager located at the point-of-sale that will read and transmit MICR data, enabling the ACH credit/debit transaction to occur and will electronically capture an image of the check - thus allowing the "paper" check to be returned to the consumer.  Additionally, should the check come back NSF, Western will automatically represent the check electronically (RCK) on behalf of the merchant.

The key to the practical implementation of this program is Western's unique capacity to remotely access the scanner/imager for retrieval and transmission of check images for indexing, cataloging and archiving.  More important these images are transmitted via a high-speed communication link and not transmitted though the credit card terminal.

This point of sale check conversion program works with our existing software.

Merchants are reluctant to invest in bulky equipment or install additional phone lines but are eager to take advantage of the latest payment processing technology.  Western recognized the dilemma and developed a system that runs off an existing phone line and incorporates an extremely small box with a business-card size board.

Most terminals purchased in last five years have small memory and are managed by credit card processors who own the application.  There's only one phone line that goes into the terminal and that's been the accepted scenario.  We have the ability to run one line off the terminal down to the bank check imager. That one line has a 'Y' in it which splits off to an image control - the Image Trans 2.

Utilizing Western's program, on the left hand is the credit card terminal.  The right hand is where the check image goes.  By keeping those two hands separate, the modem in the credit card terminal remains at 1200 baud.  Since the check images need to go on a higher speed, they're sent on a higher baud through Image Trans 2 with no disruption of service to the merchant. This "device independent" solution doesn't disrupt the merchants' existing terminal environment either.  There is no re-programming necessary nor any requirement to upgrade existing hardware.  

 

Western's system incorporates a MagTek solution.  The MagTek stores up to 100 images and transmits in a delay mode.

The point of sale check conversion program then does an auto-dial in the middle of the night, saving time for merchants by sending data when no other transactions are being sent. The merchant is responsible for sending the credit card images off. We don't want merchants worrying about sending the check images. With our point of sale check conversion program, they can be hands-off with our system.

Process Account Receivable Checks Electronically

A merchant can use a MagTek scanner to upload the information to our electronic payment software program installed on the merchant's computer. Account receivable checks are scanned and archived.  Then, the funds are moved into the  merchant account (checking or savings) via electronic fund transfer.  The merchant destroys the "source documents" (checks) within 14 days.

Click on any of the links below to view more details regarding your specific areas of interest:

Cash Flow Now specializes in electronic payment, ACH processing services and ACH software for businesses. For additional information regarding the following services, just click on any of the following links: electronic payment, bad check recovery, check by phone, check guarantee, automated payments, electronic check conversion, merchant account or adult merchant account.

 

Point of sale check conversion

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Call Pat for Electronic Payment Processing Services Pat A. McDavitt, Owner
C. J. & Tuck Consulting
1422-A West Braker Lane
Austin, TX 78758-3702
Phone 512-837-1358
FAX 512-837-0345
Email Address
: pat@cashflownow.org

 

Electronic Payment  Bad Check Recovery  Check by Phone  Check Guarantee  Automated Payments Electronic Check Conversion  Merchant Account  Adult Merchant Account  Order or Get More Information About Electronic Point of Sale Check Conversion  Electronic Payment Processing Services Articles  Testimonials 
Privacy Policy  Recommended Sites  Site Map  Contact Us  Electronic Payment Processing Services Home Page