The ACH is a federally regulate electronic payment network used by 95% of the country's financial institutions - including the Federal Reserve.    

• CHECK READER - captures MICR information from the paper check
• CREDIT CARD TERMINAL - sends check reader information to data base
• PRINTER - prints authorization/receipt for customer to sign

1. Customer presents merchant with paper check at the point of sale
2. Check is run through the check reader which reads MICR data and sends the information into the credit card terminal.
3. Credit card terminal sends data to a national verification data base verifies check writer against a national data base.
4. Verification service authorizes or rejects the check writer.
5. If approved, a duplicate EFT authorization is printed for the customer to sign.
6. Customer's paper check is stamped ACH processed and returned to the customer.
7. The check files are processed  through the ACH.
8. The merchant's account is credited in 24 hours.
9. The printer used in the process produces a read out of all transaction.
10. All check activity (payments, balances, NSF info, etc.) can be viewed through our national results files by merchant.
11. On NSF checks the merchant is kept funded until we exhaust the electronic representment process.
12. On NSF checks we represent for the face and the fee which is authorized on the signature part above.

• The paper check has been converted to an electronic check.
• The ACH will transfer the funds electronically
• The funds will be transferred into the merchant account in 24 hours.
• Neither the merchant nor the bank has to process a single paper check.
• No deposit slips to fill out
• No lost or stolen checks to worry about
• No bank runs to make

• Speed Up Deposits - the merchant receives his money in 24-48 hours
• Save Money - no check clearing fees, return handling, fraud, etc.
• Save Time - no bank runs, deposit slips
• Verification using National Data base - reduce bad checks
• Speed up Return Check Handling - faster notification means better collection rates
• No Bank Fees - ever for deposits or returns
• Save Bank Processing