ELECTRONIC CHECK CONVERSION

PROCESS CHECKS JUST LIKE A CREDIT CARD!

Changing Paper Checks to an Electronic Item Benefits You and Your Customers.

Now you can take advantage of electronic commerce to increase employee productivity and to improve customer service. Electronic Check Conversion (ECC) converts a traditional paper check into an electronic item at the point-of-sale and processes it through the Federal Reserve's Automated Clearing House (ACH).

ECC saves time and money while reducing the risks of NSF checks. A check is now as hassle-free as a credit card transaction. It's more efficient and secure. And it lets you focus more on your business and taking care of your customers.

Ending the Paper Trail with ECC...

During the 1980s, technology revolutionized the payments world. No one uses a manual imprinter to accept credit cards any longer. Instead, merchants handle credit card transactions through EFT (Electronic Funds Transfers) using VeriFone or similar terminals. Paper checks have remained non-automated...until now!

Here's how it works. The business authorizes the consumer's check through one of our ECC certified point-of-sale systems. An image of the check will be taken and the clerk enters a transaction amount. Once the transaction is approved, the clerk gives the check writer a printed receipt for signature and hands the check back to the customer. The check writer's signature allows the payment to be electronically presented to the check writer's bank for settlement and that money is then automatically deposited in the business's bank account.

Depending on the needs of your business APS provides two solutions to work with either a Terminal based solution using the Nurit 3020 with an Image Pack or a software based solution using our SoftTerminal. Each solution uses the system of two different processors and each have their own unique advantages. Both systems use the current check imaging technology, which is the best process for performing ECC and keeping with the current regulations.

ECC using the Nurit 3020 w/Image Pak

Nurit 3020 w/Image Pak	Nurit ePad

Now the best of both worlds comes together in one point-of-sale application. Nurit 3020 with the Image Pack gives a complete point-of-sale solution to verify and convert checks to an electronic payment and process credit cards. Mounted on a swivel stand the entire system becomes an efficient point-of-sale terminal that handles all your transaction activity. As an added feature you can also include the Nurit ePad, which allows the storage of electronic signatures and helps to reduce fraud and to easily track down payment information.

As a value added feature you can also include check verification or even add a Check Guarantee service to provide the confidence needed in accepting checks that otherwise might be turned down because they are from out-of-town or have low check numbers. Either way your business has the flexibility for whatever needs you may have to accept checks.

FEATURES

• Check imaging for storing checks that have been converted to electronic payments
• Check verification to help reduce returned checks
• Check guarantee to provide insurance against bad checks
• Improves cash flow
• Streamlines the check acceptance process and reduces paperwork
• Expedites closing, balancing and settlement
  

ECC using the SoftTerminal

As technology improves and streamlining a businesses transaction process becomes a vital part of the operations, using software solutions enables businesses to have the flexibility that wouldn't be available with a Terminal based solution.

Having the ability for faster authorizations through an Internet connection and not being limited by performing multiple batches or storing check images because of terminal storage capability can be very important to your business.

Using the SoftTerminal software along with a check imager and printer gives you this ability to perform ECC and reduce the hassle of accepting checks. This program takes a different approach to processing checks then a standard ECC check guarantee program. Combine the ECC program with our robust check verification system using either or both the ATMVerify™ or DIRECTVerify can help safeguard against accepting bad checks. If a check payment still returns NSF then using our FREE NSF/Check Recovery program helps to significantly reduce NSF checks and add to your bottom line. We offer this program because in many cases this entire system is the most economical in comparison to a traditional check guarantee program.

Magtek Check Imager and Credit Card Reader	Ingenico's eN-Scribe 612 Thermal Printer

FEATURES

• Lightning fast authorizations
• Check imaging for storing checks that have been converted to electronic payments
• All data stored on your computer and transmitted is encrypted for you and your customer's protection
• Comprehensive suite of reports to manage and track your transactions
• Can use ATMVerify™ and DIRECTVerify solution for going one step beyond standard check verification
• Improves cash flow
• Minimizes returned checks
• Streamlines the check acceptance process and reduces paperwork
• Expedites closing, balancing and settlement
• Can be combined with our FREE NSF/Check Recovery program