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Imagine being able to accept and process checks similar to a credit card transction! Find the security of being able to accept checks safely from anywhere in the United States with a program that provides full purchase of any returned check. All while eliminating the cost of collection on dishonored checks.
WMS has partnered with eCheck Solutions to provide the BEST in check processing/guarantee services.
Procedure at Point-Of-Sale
1. Merchant will swipe through a check reader and input driver’s license # and amount of sale. (Merchant has option of using a check reader to read check). WMS provides FREE Placement on check readers and terminals.
2. Terminal will dial out and issue a decline or approval. If transaction is approved a duplicate receipt will print and consumer completes receipt.
3. The check is stamped “ACH Processed”. Check and receipt are handed to customer.
4. Check Processing Company will fund merchant on transaction in 48-72
hours – similar to a credit card. (Consumer still experiences a 2 day float)
5. Merchant will not be charged back for any returned checks. (As long as proper procedures were followed)
Merchant Responsibilities
1. The receipt must have consumer’s signature, printed name and phone number.
2. Driver’s license # must be entered into terminal.
3. Merchant must batch out daily and provide copy of receipt within 48 hours of Check Processing Company requesting it.
Call for more information: 800-599-9051
