Electronic Check Conversion

Imagine a check transaction that feels like a credit card transaction! After scanning your customer's check an image of the check is instantly stored in the check reader/imager! A receipt is printed from the terminal which the customer signs allowing for ACH funds transfer! You hand the check back to your customer and funds are credited to your account within 48 hours. Now you can eliminate going to the bank and worries about losing or having your check deposits stolen. Plus, you get rid of costly deposit item charges, bad check fees, banking time & effort, deposit ticket costs, & cash flow delays.

What is an electronic check? Tomorrow’s Technology is Here Today! Imagine your customer handing you a check :

  • you enter the requested data into a point of sale terminal

  • you slide the check through the check scanner

  • Instantly, an image of the check is created and stored in the check scanner!

  • Instantly, an electronic transaction request is transmitted for approval! Instantly, a receipt is printed which the customer signs allowing for ACH funds transfer!

  • you image the receipt by sliding it through the check scanner

  • you hand the check back to your customer

  • funds are credited to your account with 24 – 48 business hours

  • "electronic" checks which bounce hit SPS's bank account not yours !


Save on individual deposit item charges, bad check fees, banking time & effort, deposit ticket costs, & cash flow delays.


 

Payment Alliance International is a registered ISO/MSP with HSBC Bank, USA,
National Association, Buffalo, NY.