CHECK COLLECTING SERVICES

Time is money. And your time and money are too valuable to spend collecting returned checks. Our eCollect check collection service takes over this task for you, providing regular status reports and depositing the collected funds directly into your business account - at no cost to you. As a Small Business Member merchant, you will not only receive full face value of the collected check, you also will be reimbursed up to $5 of your financial institution's returned check fee.

Our call center can provide you with a progress update on collection efforts. eCollect recovers a high percentage of returned checks by utilizing electronic re-presentment to directly debit funds from the account. Other options are available if an account is closed or frozen.* The entire collection process is handled for you, saving you money and giving you time to run and grow your business.

Point of Sale Check Conversion**
Offer your customers the convenience of writing checks for purchases and reduce your paperwork with Point of Sale Check Conversion. Just scan a customer's check to electronically process and deposit funds into your account***; then return the check to the customer. The customer has the check for their records, and you receive the funds in your business account within 48 hours.

As a Small Business Member, you are eligible for a special discounted transaction fee for Point of Sale Check Conversion.

Volume Check Conversion**
Convert large volumes of accounts receivable checks faster and more efficiently with Volume Check Conversion. Using your PC and modem you simply scan the checks***, and your deposits are made automatically within 48 hours.

As a Small Business Member, you are eligible for a special discounted transaction fee for Volume Check Conversion.

For more information, or to sign up for any of these services, please call the toll-free number listed on your member ID card and tell the customer service representative that you are interested in eCollect.