Electronic Check Processing
Electronic check processing is integral to any modern business entity. It is an excellent payment alternative and offers a lower cost and hassle-free method for getting paid faster.
- It’s less expensive than credit cards and funds are available in the same amount of time.
- You have the option of either verifying or guaranteeing the check.
- The electronic check transfer system deposits the money directly into your checking account.
- No more filling out slips and going to the bank to make deposits.
- Electronic checks also clear into your account quicker than paper checks.
- Checks that are returned are reprocessed electronically and virtually all are ultimately collected.
- Recurring billing is also available for checks.
Electronic Check Transfer with Guarantee
| Discount Buy Rate | 1.19% |
| Transaction Fee Buy Rate | $0.18 |
| Statement Fee Buy Rate | $3.00 |
| Monthly Minimum Buy Rate | $12.00 |
Conversion Only without Guarantee
| Transaction Fee Buy Rate | $0.23 |
| Statement Fee Buy Rate | $3.00 |
| Monthly Minimum Buy Rate | $12.00 |
Remote Deposit Capture (ACH)
| Transaction Fee Buy Rate | $0.15 |
| Monthly Service Fee Buy Rate | $12.00 |
| Set Up Fee Buy Rate | $35.00 |
Recurring Payments
| Transaction Fee Buy Rate | $0.23 |
| Monthly Service Fee Buy Rate | $12.00 |
Checks By Phone (low ticket)
| Transaction Fee Buy Rate | $0.44 |
| Monthly Service Fee Buy Rate | $12.00 |
| Discount Rate Buy Rate | 0.75% |
Checks by Web
| Transaction Fee Buy Rate | $0.23 |
| Monthly Service Fee Buy Rate | $12.00 |
| Discount Buy Rate | 0.75% |
