Check Programs

The Direct Debit Check Program allows Mail Order, Telephone Order and Order Direct response merchants to accept payments by check over the phone as quickly and easily as accepting credit cards. When a consumer pays by check over the phone, the operator ask for the MICR numbers and check number. Sometimes they ask for a bank name and city. This information is securely sent either in a batch via FTP or in a real-time virtual debit interface to the Direct Debit processing centre. The processor then peforms account verification and risk analysis to ensure that the banking numbers indicate a valid account and a valid check writer. When the verification process is complete an EFT (ACH) transaction is generated and the funds are transferred to the merchant's account. The ACH transaction is very similar to the function and timing of credit cards. The processor ensures compliance with all NACHA and FCRA regulations. The merchant receives a report of their transactions by logging in to our secure online reporting system.

Services:

  • Returns Processing - This is available for a fee with Direct Debit Check Service. Hen returns are received from the ACH process, they will be automatically redeposited once. If an item is returned a second time, it is sent back to the merchant as an unpaid item. Returns Processing is included at no charge if guarantee option is purchased.
  • Account Status Information (ASI) - This confirms (but does not guarantee) the DDA account is active and not in suspension by the issuing bank.
  • Order Acknowledgement Postcards - This gives notification to the consumer to confirm debit to their checking account. Required in some mail-order situations.
  • Manual Data Entry - This is for those customers who cannot automate the process of sending transaction batches to Direct Debit Check Service. Check information can be faxed to the processor for manual imprint.
  • Collections - This allows our nationally recognized collection specialists to collect on checks that were returned.

Merchant Benefits


-Accept Checks over the phone

-Accept Checks over the internet

-Provide an additional Payment Option

-As quick and easy as credit cards

-Expand Your Market

-Get Paid Faster

-Fulfill Orders quicker

-Reduce fraud and returns

-Never wait for a check in the mail

-Distinguish yourself from your competition

-Reduce administrative and collection costs

Customer Benefits


-Some consumers prefer to pay by check

-90% of U.S. household have a checking account

-Merchandise can be received quickly

-Checks provide a greater control over spending



Click here to proceed to check card rates