Electronic Check Conversion Programs
Electronic Check Conversion Program (ECC) or Electronic Check Processing can be used at the point of sale or from the back-office. Electronic Check Processing provides a fast and easy way to accept checks and speeds up the deposit process.
MBPS ECC program transforms check acceptance into a risk-free electronic payment using the latest technology in the check processing industry. We use the information on the customer’s check to create an electronic payment, right at the register. Our ECC program is a revolutionary approach to check acceptance that will satisfy the check-writing customer and give merchants the convenience and security of an electronic payment.
We Guarantee:
- The check is scanned
- The transaction is verified and authorized
- The terminal is settled and funds are electronically deposited into the merchant’s account
- Assured funds are delivered to the merchant within 48 hours
Benefits of Electronic Check Conversion Program:
- Less work to process payment
- Lower cost to process transactions
- Faster processing than checks
- Improved visibility into cash position