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POST-SALE CONVERSION
Post-Sale Conversion can be used by companies that receive checks from their
customers on a regular basis, i.e. utility, telephone, cable companies, internet
service providers, etc. This service allows a company to convert the paper check
to an electronic item at the collection point in-house.
Benefits:
- No deposit preparation or transportation expense
- No deposit fees
- No lost or stolen checks to worry about
- Electronic items have priority over paper checks
- Eliminates the delay of paper check transactions
- Funds are deposited electronically within 24-48 hours
- Daily reporting of all transaction results
- Speed of deposit dramatically improves collection rate and fraud control
- Eliminates NSF bank service charges
- NSF checks to be recovered within days as opposed to weeks or months
- Collected NSF checks are electronically deposited weekly
- Merchant receives 100% of the face value of all collected NSF checks
Call or Email Us today for a free evaluation or information.
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