Why Electronic Check Processing?
  • Reduces check-processing and handling costs by converting personal checks to electronic transactions as checks are received at the point of sale.
  • Automates the ability to electronically process return fees - eliminating the need for negative customer contact for return fee payment if a check is returned.
  • Lowers check losses by retrieving online authorizations , and settling transactions via ACH or on-line debit which clear prior to paper checks.
  • Speeds up checkout for customers and end-of day closeout for sales staff.
  • Provides more efficient clearing and settlement, and faster funds availability
  • Further reduces losses by providing additional options for guarantee and collection services .
  • Improved check reporting capabilities - Immediate detailed reports available through each point-of-sale terminal and EnQire Reporting .

Consumer Electronic Check Benefits..
  • Enhanced bank statement information - detailed transaction information reported on bank statement
  • Faster checkout - checks may be
  • Free electronic check processing service
  • Immediate record of transaction
  • Improved security

The process of converting paper checks into electronic funds transfers has finally become a reality. Thanks to advances in technology and changes in banking regulations, governments and associations now have a powerful tool designed to reduce paper handling costs, reduce losses from bad checks, improve cash flow, and lower overall banking costs. Due to the numerous financial benefits, multitudes of governments and associations are using check conversion today. Your organization can also take advantage of the many benefits of check conversion - faster than you probably think possible!
EnCircle Merchants Product Solutions…
  • POS Check Conversion : A fully integrated "end-to-end" system for converting checks into electronic funds transfers (EFT's) at the Point-of-Sale (POS). Check verification, guarantee and collection services are available.
  • Re-presented Check Entry (RCK) : Electronically accelerates the collection of consumer checks that have been returned by the originator's bank for insufficient funds. Collection services available.
  • Accounts Receivable (ARC) : Allows VISA POS Check users to process check information from the consumer via the mail or drop-box remittance service and enter the check data directly into EnCircle's secure Internet site. Check verification, guarantee and collection services available.
  • Mail Order Telephone Order (MOTO) : Allows VISA POS Check users to accept check information via the phone for the purchase of goods and services. Check verification, guarantee and collection services available.

Please contact one of our EnCircle Certified Resellers to learn more about our suite of service offerings.

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