ECheck Processor Services

Federal Bankcard offers two primary check service programs: Point of Sale Conversion and traditional Check Guarantee. Both services eliminate the risk associated with accepting bad checks. Merchants can enjoy a peace of mind knowing their funds are guaranteed with Point of Sale Conversion and ECheck Guarantee.

Point of Sale Conversion

Accept and process paper checks electronically at the point-of-sale, just like a credit card. Point of Sale conversion is available to retail and service storefronts. Add a check reader or imager to your existing credit card terminal and you can take advantage of the latest check conversion technology. The process is quite simple. A paper check is passed through the check reader and verified against multiple nationwide databases using advanced fraud detection systems. A match will result in an instant decline. Approved checks are stamped “ACH processed” and returned to your customer. The transaction is complete at this point and will be deposited into the merchant’s bank account within 2-3 days.

  • Guarantee against bounced checks and NSF fees
  • No more trips to the bank
  • Funds automatically deposited into merchant’s bank account
  • Eliminate paper check handling costs and save accounting time
  • Accurate reporting of check conversion activity available online

ECheck Guarantee

Eliminating bounced checks is huge concern for many businesses. While a check reader or imager is recommended, it is not required to use our Check Guarantee program. Checks can be passed through a check reader or manually entered through your credit card terminal. The consumer’s check information and ID are verified against multiple nationwide databases using advanced fraud detection systems. An instant authorization or decline will be reported. The merchant still deposits the check into their bank account and if it is returned for NSF, the merchant will be reimbursed by the check guarantee service.

Benefits Include:

  • Virtually eliminate bad checks and fraud
  • Eliminate collection efforts
  • Improve cash flow
  • Highest approval rates in the industry
  • Descriptive responses help merchant if transaction is declined

Start saving money and stop bounced checks by calling your Federal Bankcard representative today!