Check Services

Merchants can easily expand their business utilizing online check services. This allows customers to securely purchase products and services using their existing checking or savings account while allowing businesses to expand their online payment options beyond credit cards. Paperless check processing does not require a merchant account; therefore businesses enjoy lower processing and transaction fees from those charged for credit cards.

ACH Check Transactions

Acquirint's ACH Checks provides a payment solution that enables online and traditional merchants to accept and process electronic check payments directly from their Web site's storefront or through the Acquirint Virtual Terminal. By accepting electronic checks, merchants are able to expand the payment options available to their customers and potentially increase their sales.

Check Guarantee

With Check Guarantee from Acquirint, you minimize your risk and manage the impact that fraudulent or bounced checks can have on your business.

Check Guarantee is the most commonly used check service allowing the merchant to insure the face value of the check and protect against checks written on non-sufficient funds (NSF). Merchants obtain electronic approval or voice authorization for the transaction and then deposit the checks.

Checks that do not clear can be submitted for reimbursement. This process takes thirty days from the receipt of the original item. Using the Automated Clearinghouse (ACH), the transaction is processed electronically. The resubmission is sent to the ACH under a specific category, enabling you to track the credit more easily and distinguish between regular checks and resubmitted bounced checks.

Check Conversion

Check Conversion allows you to convert your customer's paper check into an electronic ACH transaction and process it using the same gateway process you use for all of your other electronic payments. Just scan the paper check through a check reader at the retail Point of Sale. Once the check has been converted, it is electronically processed just as if you entered it in directly via the Virtual Terminal. The original check is voided and handed back to the customer --- no paper processing is required!

Advantages of Check Conversion

• Reduced Time (and, therefore, costs)

  E-checks takes fractions of the time that paper check processing requires. E-checks are processed on the spot, funds get moving almost immediately.

• Reduced Fraud

  E-check significantly reduces the risk of fraud because all the converted checks are filtered through Acquirint's fraud and risk management system.

• Consolidated Reporting

  Every transaction you make, from batch processing to online credit cards is included in the Merchant Partners reporting system and is available 24 hours a day, 7 days a week.