Retail check conversion with digital imaging gives retailers the edge when accepting checks. Sanctioned by NACHA and the Federal Reserve,
digital image check conversion provides speed, security and reduced cost when accepting checks for payment. Surprisingly, most retailers do
not know their true cost of accepting checks.
Lock box conversion with digital imaging allows a business receiving mailed in payments to process the payments automatically as soon as
they come in the door. No longer does a business have to process the checks by hand and then take them to the bank for payment.
ChexDirect has developed a powerful ACH software-billing solution that provides every business with the ability to control receivables
and payables. This allows every business to get paid faster and effective manage vendor and employee relationships.
Returned Check (RCK) is an ACH function that allows a business to resubmit dishonored checks through the ACH network for faster collection
than the traditional method of mailing certified letters to bad check writers. Mailing certified letters can easily take 21-30 days before a
customer is notified that their check has been dishonored. In addition to extended time, the cost of collection is high due to the cost of
certified postage and preparation time. ChexDirect has developed two methods of RCK collection that allows a business to choose which method
works best for their business environment.
ChexDirect has a variety of prepaid solutions available to increase the retailer’s profits and minimize the footprint on precious counter
space. All of ChexDirect’s prepaid solutions are point of sale activation (POSA) meaning that none of the services are active until input
into the POS terminal.
ChexDirect provides any business with the ability to accept credit cards from their customers. Accepting credit cards increases sales 20% -
30% and sometimes more.
ChexDirect has developed a BackOffice ECC solution for retailers that integrate payment services into checkout registers over multiple
lanes and multiple locations.
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