Electronic Check Processing Options at RevCard!
Checks are still the preferred medium of payment for many consumers. This means that it’s the merchant’s responsibility to make sure that all checks get verified and cleared with the in the appropriate time without any hassle with their ecommerce merchant account. When it comes to electronic check processing options, there are two ways that a consumer can get their check processed reliably.
We Can Clear Your Checks in Both Formats
There are two main options for processing and accepting checks in real time at the POS. One is called ACH, and the other option is Check 21. Both options are used to convert paper checked into an electronic data stream. These options are also considered to be more cost effective as compared to traditional credit card processing.
Comparing ACH and Check 21
Understanding the difference between ACH processing and Check 21 can help merchants decide which system meets both their requirements and the needs of their customers.