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Electronic Check Conversion
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 thru 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.
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