Guarantee Check Service

Reduce your risk

There are different categories for check verification that are used by merchants to help reduce the risk in accepting checks and in certain cases even guarantee payment if the check bounces. The authorization of the check is a simple process originated at the point of sale. The verification process involves a terminal that will authenticate the database of millions of records to see if the customer has had any negative files of unpaid checks or history of writing bad checks. The process usually takes about a second and it’s backed by the company providing the service.

Guaranteed Payment

Guarantee services guarantee payment to the merchant even if they never collect from the customer. Fees associated with this service are comparable to those of credit cards. After scanning the check, the image of the check is immediately stored in the check reader. You then have the customer sign a receipt printed from the terminal authorizing the electronic funds to be transferred. The funds guaranteed to the merchant are deposited directly to the merchants bank account via an ACH form, usually within 48 hours, just like credit cards. That’s why electronic check conversion parallel credit card transactions. Some of the benefits include…….

• Accepting out of town checks with safety and security
• The simplicity, protection and fee structure of credit card transactions
• 100% Guarantee against NSF checks when using the Guarantee Service

Quality Merchant Solutions also offers gift cards from one of the leading providers of Electronic Gift Cards. Gift cards can be semi or completely customized for your business to bring immense value and branding.