Allowing customers to pay with checks online, in addition to credit cards, improves customer satisfaction and is likely to increase overall sales. Check processing is a vital component of revenue flow for businesses. Listed below are facts and recent statistics on the check processing industry.
* 74% of all business-to-business payments are made by check
* The dollar value of checks are continuously increasing
* Process checks with the same security and efficiency as credit cards
* Paper checks account for 1/3 of non-cash payments
(Sources: Digital Tranasctions, Federal Reserve Report).
Fort America Business Solutions offers a variety of check services for non-profit organizations to small businesses and large enterprises. Get peace of mind, faster funding, and the convenience of processing checks electronically. FABS Electronic Check Services moves payments electronically from your customer’s checking account to your FABS merchant account. It works like a paper check, without the additional costs, time delays, double entry or back-end check printing. Check payments can be initiated by the consumer, online or in person, as well as through a merchant entering check data from mail or telephone orders.
Check Processing Features and Benefits:
* Accept checks by phone, mail, web, or in person
* Reduce or eliminate invoicing costs
* Works with your existing bank account
* Eliminate trips to the bank
* Easy to set-up and use
* Reduce internet fraud – real time identification by Equifax
* 24 hour online reporting
* Donate Now Virtual Terminal for processing donations
Our Check Processing Services:
Check 21
Process all checks faster. Check 21 is the latest technology in check services. With Check 21 or remote deposit capture, any type of check including personal, business, government, certified and cashier’s checks can be accepted at either the point-of-sale or in a back-office environment. Checks will need to be scanned (both sides) with a check imager connected to a PC to convert it into an electronic transaction and then the original check will need to be retained. Get Check 21 and skip the trip to the bank! Check Guarantee and Check Verification Available!
Check Conversion
Paper checks can be processed just like credit cards. By swiping a check through a check reader, a paper check can be converted into an electronic transaction and then processed. The check reader can be connected to our online virtual terminal or to your credit card terminal. This solution is easy to use and saves time by having funds deposited electronically into your account. Check Guarantee and Check Verification Available!
Checks by Phone
Tired of waiting to receive a check in the mail? Safely accept check payments over the phone. Enter transactions in our web-based virtual terminal while your customer is on the phone. With Checks by Phone, you can accept personal checks and eliminate paper check handling costs. Check Guaranteeand Check Verification Available!
Checks by Web
Similar to an online debit card transaction, Checks by Web enables merchants to accept consumer initiated debit payments from their checking account or through e-commerce. Check Verification Available!
If you are new to check processing, or looking for cost-savings and increased revenue, Fort America Business Solutions can provide the solutions your business needs. We offer a variety of check services, quick merchant account approvals, and customized solutions that work best for you. To receive a free savings analysis or have an Account Executive contact you, click the “Free Rate Analysis” page .
