Check Services
Many consumers today still prefer to write checks at the point of sale. By partnering with Vecter Technologies, we will find the right solution for your specific business needs. You can more confidently accept checks while allowing your check-writing customers to use their preferred method of payment.
Help maximize your profits with our worry-free check services by:
|
•
|
Collecting more funds. Checks warranted ensure that you are reimbursed for 100% of the face value of your maximum check limit amount. You won't need to worry with collections on returned checks – Our partners handle the collections and your reimbursements. |
|
•
|
Utilizing Electronic Check Conversion (ECC). Electronic Check Conversion (ECC) offers a convenient method for you to manage your check payments. Our warranty service is combined with conversion technology since each check is converted into an electronic transaction at the point of sale. Since each check is voided and returned to the customer at checkout, you eliminate the hassle of counting and reconciling paper checks at the end of each shift. The transactions are then settled at the end of the day, much like a credit card transaction. |
|
