How to get a Checks Guarantee Service & Accept Checks with GuaranteeWhat does exactly mean checks guarantee? With Paynet Systems the paper check is turned into an electronic transaction and processed using your credit card machine. Once the check has been converted at the point-of-sale, the check information is then transmitted via electronic equipment to a national verification database where it is evaluated against negative information. Within seconds a response is sent back to the merchant. A receipt very similar to a credit card transaction is generated and the customer signs it, thereby authorizing the electronic collection of funds to the merchant. The check information is then stored and the transaction deposits are routed to the merchant’s account within 48 to 72 hours.
Merchant Benefits of this Checks Guarantee ServiceThis check conversion process not only processes the check electronically allowing the merchant to forego trips to the bank, but it also guarantees the approved transactions With this program the merchant simply accepts the checks and the check conversion program does the rest! You can now accept & process checks just like they accept & process credit cards. Paynet Systems not only offers electronic check conversion, on-line transaction viewing and customized detailed reporting are also offered. With the reporting feature merchants are able to track all of their transactions through a secured on-line system that is available 24 x 7. The reporting capabilities of this system also allow merchant's customizable reporting features, thus enabling detailed information in the format the merchant prefers. This program takes all of the guesswork out of accepting checks and manages the process for our merchants. Learn more about this Checks Guarantee Service
P.S. Paynet Systems can enable your business to accept every form of payment available including Visa, MasterCard, American Express, Carte Blanche, Diners Club, checks, and every major ATM card network nationwide.

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