What is the best risk management solution for your business?
- Define your risk factors.
- Online risk versus customer present.
- Which databases do I need?
SPS supports over 1,000 Grocery stores and Convenience Stores for 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. Here’s how it works:
In less than 5 seconds an electronic transaction request is transmitted for approval, a receipt is printed which the customer signs allowing for ACH funds transfer.
To learn more about check conversion and how it can assist your business, click here or call 844-430-1281 to speak with a representative.