EnCircle's MOTO service is currently available to users of the VISA POS Check program.
It is estimated that over 150 million Americans have active checking accounts, however, only approximately 50% of these individuals have a major credit card. With EnCircle's MOTO service, you can offer credit card convenience to checking account customers by allowing them to pay by check right over the phone, and save the high percentage you are paying to accept credit card payments.

The benefits of EnCircle's MOTO product solutions will permit merchants and businesses to enjoy the immediate payment for goods and services and consummate payment transactions for up to a 100% larger market - instantly without the hassles of COD or the requirement to have checks mailed in for processing.

For check service providers and in-house collection departments, collection of past due accounts and service fees may be successfully collected over the phone eliminating the "checks-in-the mail" quandary.

EnCircle 's MOTO product options have been designed for ease of use while keeping in mind the requirements of data integrity and security. All MOTO product options offer web access for all data input and reporting giving the user full control over their individual check management needs. Automated return fee collection options are managed upon the origination of the ARC merchant account allowing both a flat rate fee or fee as defined by state.

Corporation/ Merchant Benefits for MOTO Check Conversion

  • Increases market penetration and sales consummation for check writing consumer base.
  • Reduces check-processing and handling costs by converting personal checks to electronic transactions as orders are received over the phone.
  • 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 transaction for customers and increases sales volume since checks are not being mailed in or collected COD. v 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 EnQuire Reporting .

Financial Institution Benefits for MOTO Check Conversion :
 

Acquiring Bank :
  • Expands current product offering for electronic payment services (credit, debit etc.,)
  • Adds a new source of revenue from check processing transactions to augment highly competitive card processing services.
  • Improves competitiveness in the market by creating a new, high-value product to offer customers.

Treasury and Cash Management :
  • Expands reach for check deposit activity from merchants that are outside geographically located bank branches.
  • Increases ACH volume and decreases paper handling requirements.
  • Improves competitiveness in the market by creating a new, high-value product to offer customers.

Consumer Benefits for MOTO Check Conversion:


Speeds up order process by not requiring a paper check to be mailed in or COD.
Provides check transaction details that will be included on the consumer's monthly checking account statement.
EnCircle is proud to deliver an array of MOTO options, designed to meet your company's unique requirements. Whether you are looking for a complete "turn-key" service including check guarantee , or a specific systems integration service capability, EnCircle is here to assist you.

  • Net MOTO - Through the use of a convenient browser based service, EnCircle can process MOTO items "real-time" into the EnCircle ACH host system. Net MOTO processing service may be purchased with or without guarantee or collection services.

  • Net MOTO Silver Service: MOTO Silver Service consists of the full-service, on-line data management of electronic check processing. If you are in need of a service that gives you the ability to process MOTO check items electronically without the added requirement of guarantee or collection services, EnCircle's MOTO Silver Service is for you.

  • Net MOTO Gold Service: MOTO Gold Service -MOTO Gold Service offers customers the additional benefit of guarantee or collection services. When items are returned due to NSF or other reason codes, EnCircle will not chargeback the item to the merchant account. Alternatively, when all attempts fail in collecting the check through the ACH return process, EnCircle will manage the hard collection activity needed to recover funds for the returned check. With EnCircle 's MOTO Gold Service, you can enjoy the many benefits of automated check handling and electronic retrieval fulfillment without managing check item returns.

  • Net MOTO Platinum: MOTO Platinum - MOTO Platinum Service offers customers the ability through EnCircle's professional services to integrate current MOTO legacy systems with enhanced check acceptance capability. Either guarantee and collection solutions are available through EnCircle's MOTO Platinum Service.

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