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Overview |
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CHECKS - Still The Most Common Form of Payment
Checks are the most convenient and efficient way for most buyers to
transfer money to sellers. Benefits to consumers are obvious:
they do not have to
carry
large sums of cash with them; transactions can be easily recorded
and money accounted for; and of course, there is the "float time"
between writing the check and when it actually clears the bank.
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The Better Way to Handle Check Payments
With the Impact Check Conversion process, any business that accepts
paper checks will gain the speed and ease of having those checks
electronically deposited without having to take the paper items to a
local bank.
Electronic Check Conversion is a process whereby organizations can
convert a check into an electronic item (via a small scanner) at either
the point of sale or with checks received by mail or as part of the
accounts receivable process. The check is then processed electronically
and deposited through the ACH (Automated Clearing House) system within
two banking days.
Ideal For Organizations With Multiple Locations
The system is perfect for business with multiple locations. Each
location can be responsible for processing its own checks and has access
only to its data, while regional or corporate offices have additional
access privileges and view activity throughout the entire business
network.
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Products Overview
Check
Conversion
Overview
Benefits
Phone Checks
Recurring
Payments
Online
Checks
Check
Recovery
NSF Collection
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