Electronic check processing is a solution that offers both speed and reliability when it comes to making secure payments electronically. This process makes it much easier for merchants so that they can have full confidence about receiving the funds (in forms of e-checks) they deserve for the products and services they provide to their customers on a daily basis.
If you are a merchant and you would like an electronic check conversion, we can:
- approve your check(s) on the spot
- provide our check conversion services to save you lots of time
- save you from multiple trips to the bank
- provide funding anywhere between 48 to 72 hours
- accept personal, business, and corporate checks
Now that we have covered what we have to offer in terms of electronic check processing services, we will cover the benefits of this process.
Benefits of electronic check processing:
- There are fewer limits on the amount of each transaction to be made
- Lower transaction costs
- Best when purchasing more expensive items
- Makes recurring payments easier to manage
- Bank account numbers change less often than for credit cards
- Quicker deposits and processing than regular checks (more cost-effective)
- Have more control over your cash flow in and out
- Pay for products and services much more securely
- It is compatible with current accounting software (if needed for a business)
- Ability to accept both out-of-state and international e-checks
- You can pay from anywhere at any time of day or night
- Save money and time
If you have a business that you’re thinking should begin accepting electronic checks, it will make the most sense if your business has recurring payments or a subscription service, sells items at relatively high prices, and should offer the most amount of payment options to its customers. If this is the case, electronic check processing services at PayProTec West may become a huge resource to running your business smoothly.
If transaction limits, high transaction costs, and recurring payments annoy you, if you crave safety and control, or if you frequently accept checks from out of your area, electronic checks are your saving grace!
We at PayProTec West would love nothing more than to help out you and your business by offering our processing services to make your life easier and your business run smoother. If you have any further questions or if you would like to get in contact for a quote, please reach out to us today!