eSilver - Electronic Check Conversion

Is there a way you can make your checks clear faster and save money in the process? Check conversion is the answer. eSilver Electronic Check Conversion mirrors credit card processing, which saves you time and money.

Our electronic check conversion system is the solution that gives you quicker turn-around time on funds, no paper trail to maintain, and minimal processing. By the way, you-ll have fewer bank trips because you deposit electronically, directly online.

There-s more. Read on.

eSilver Check Conversion Benefits

• Increase sales by accepting all types of checks including out of state checks.
• Decrease bad checks.
• NSF checks are automatically resubmitted electronically 2 additional times.
• Eliminate NSF and deposit fees from local banks.
• Eliminate the sorting and depositing of paper checks.
• Process is simple to use because it mirrors a credit card transaction.
• Non-Guarantee Point of Sale Conversion*
• Merchant is not funded on checks that do not clear*
• Multiple location merchants can have funds deposited into one account.
• Detailed online reporting available.

*Our eGold Electronic Check Conversion program does guarantee checks.
Click here to learn more.

How does Check Conversion Work?

When you see how simple electronic check conversion is, you-ll wonder why you didn't do it sooner. You get all the benefits of quick funding without having to sort checks, or making unnecessary deposit trips to the bank.

Our eSilver Electronic Check Conversion system is especially great for franchise owners since checks from all locations are electronically deposited into one central account.

Here-s how it works at point of sale.

• Merchant will swipe check through a check imager or reader and input driver's license number and amount of sale.
• If transaction is approved, a duplicate receipt will print and customer completes receipt.
• The check is stamped "ACH Processed" and check along with the receipt are handed back to the consumer.
• Check Processing Company will fund merchant on transaction in 72 hours.
• Merchant will not be funded on checks that do not clear the ACH network or are returned.

If you like our eSilver Electronic Check Conversion system and would enjoy an added guarantee, check out our eGold Electronic Check Conversion system.