Electronic Check Conversion and Guarantee
Turn paper into cash.
According to a recent Nilson Report, Americans write more than 167 million checks, accounting for 34% of all consumer noncash purchase payments by 2005, totaling $2.4 trillion.
How does it work? Scan a customer's check using an Encore payment system and receive a quick approval that guarantees the check. With this approval Encore accepts full responsibility for the payment of the check, you get the cash. The check is automatically deposited into your business checking account.
Merchant's with the Encore check conversion and guarantee program save on banking and accounting cost and can significantly reduce losses from bad checks. Accepting checks drives sales up. Using Encore Check Clearance drives risk down and cash directly into your account fast.
Save time with electronic check conversion.
- No more time consuming trips to the bank
- No more bank deposit fees
- No more bank NSF fees
- No more lost revenue from bounced checks
- No more lost time trying to collect "bad" checks
- Satisfy your customers without risking your business
Talk to Encore or your sales rep about electronic check conversion and guarantee..