Electronic Check Processing

Electronic Check Processing
Easy, fast and affordable payment option

Would you like to lower your cost of payment acceptance, improve retention and attract new customers? Chase Paymentech's eCheck solutions can help you do all that and more.With eCheck or electronic check processing, Chase Paymentech directly debits a consumer's checking account electronically. There's no paperwork, no hassles and reduced risk of fraud and charge backs.Electronic check processing enables you to accept payments online and over the phone at a lower cost than both paper checks and credit cards. its, also, well suited to recurring payments, such as monthly fees and memberships, in which the consumer's bank account is debited monthly.And, with check conversion, you can convert paper checks you receive in the mail into electronic checks, streamlining your operations and accelerating your funding time frames.You can count on our experience and expertise. Chase Paymentech is a leader in the electronic check processing space. We've been providing electronic check services in tandem with credit card processing for a decade.

Chase Paymentech's Electronic Check Processing Service Supports:

• US and Canadian currency
• Single file submission of electronic check processing transactions in the same file as your credit card transactions
• Comprehensive reporting and online transaction history search tools
• Validation (Checks validity of banking route number.)
• Verification (Uses multiple databases to check for negative account information.)
• Deposit matching (Chase Paymentech stores account change information for you.)
• Consumer authentication (Verifies consumer identity to minimize fraud losses.)
• Point of Purchase (POP) check conversion
• Account receivable check conversion (ARC)

Learn more in our eCheck PDF