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ACCEPT CHECKS RISK-FREE, WITH INTEGRITY CHECK SERVICES
ACCEPTING CHECKS CAN GROW YOUR BUSINESS
Every year there are over 6 billion consumer checks
written at the point-of-sale. But many merchants will not accept checks and are
not getting any of those 6 billion transactions. Why? Some merchants feel
accepting checks just isn't worth the risk of getting a "bad check." Or perhaps
it's the higher fees associated with processing checks, or the bank fees
associated with submitting a check multiple times for payment, or just the
hassle of totaling checks at the end of the day.
Integrity has taken care of all those concerns!
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WITH INTEGRITY, CHECKS ARE JUST LIKE CASH
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Integrity's electronic check conversion with guarantee gives you the ability to
completely eliminate 100% or your check risk.
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You'll never know when a check "goes bad" or even if the account has been
closed. You will always get your money!
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There are no claim forms to fill out. No more totaling checks. No more
depositing checks. No more check deposit fees. No more NSF charges. There are
no phone calls to make to collect on checks.
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Even if it's a temporary check or an out of town check, you can be assured that
your funds are secure.
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You will never have another bad check. So, put the banner up: "We Take Checks"!
THE FLOW OF FUNDS
1.) The customer writes a check.
2.) The check is run through a digital check imager. The scanner instantly
captures an image of the check and electronically verifies the codes at the
bottom of the check.
3.) These electronic codes are sent to Integrity and are checked against a
comprehensive database of checks and check writers.
4.) The check approval is electronically transferred back to the point-of-sale
terminal and an authorization slip is generated.
5.) The point-of-sale terminal prints an authorization slip for the customer to
sign. This is required for Integrity to collect funds from the customer's bank
account.
6.) The customer is given a copy of the signed authorization slip and their
check is given back, now stamped "ACH PROCESSED".
7.) Transaction information is stored inside the digital check imager. At the
end of the day, when all transactions are batched out, this information is sent
out for settlement in the same manner as your credit card transactions.
8.) Funds are then electronically transferred into your merchant account.
9.) These transactions will appear on your customer's checking account
statement, as well as your processing statement.
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