It’s called the Electronic Check Conversion/Acceptance (ECC/ECA) service and it will literally change the way you think about checks now and in the future. This service not only delivers a streamlined check acceptance process, but also eliminates returned checks, returned check fees and warranty claims, while reducing check fees and trips to the bank. It also means reduced paperwork and improved cash flow through faster closing/balancing and settlement.

Designed to mirror the process currently for credit cards, the ECC/ECA service converts paper checks into electronic items at the point of sale and automatically deposits these funds into your bank account. The check is handed back to the customer as a receipt.

ECC/ECA will eliminate taking deposits to the bank and will get your money into your bank account quicker than traditional check deposits. Can be programmed for tip capture and individual clerk numbers to eliminate accounting nightmares.

With Electronic Check Conversion/Acceptance, as an optional service, all non-sufficient funds (NSF) checks are guaranteed for 100% of the face value of the check (exception of Stop payments which are a legal issue).

The process is simple. After the check writer presents his check, the clerk authorizes it through a MICR Imager and gives the check writer a printed receipt for signature. This signature allows the processor to electronically present the transaction to the check writer’s bank for settlement and that money is automatically deposited into your account.