Electronic Check Programs
Fusion Alliance Group helps provide a simpler and safer way for its members to accept checks. The check is run through a check-reader and verified and is turned into an electronic debit transaction. The customer signs the receipt and the funds are deposited into the bank.
Call Us Toll Free Today! 1-877-378-3632
Electronic Check Conversion
5 Simple Steps:
- Run check through check reader
- Enter the dollar amount
- Stamp check void/ACH
- Customer signs receipt
Funds are transferred Approved by:
- National Automated Clearing House Association Cleared through
the Federal Reserve
ADVANTAGES - FOR ELECTRONIC CHECK CONVERSION
Accept all checks & more sales now!
- Out of town or out of state
- When the bank is closed
- The customer doesn’t meet your ID requirements
- First time customers
- When you’re not sure
- When there is no one in authority to approve the check
Larger Sales - Increase impulse buying
- A check makes all the customer liquid assets available
- Funds are often transferred from savings accounts,
money market funds, etc. after the purchase - No one can spend more cash then they have with him or her
- 50 million people do not have a credit card and those that
do are occasionally at the limit
More Satisfied Customers!
- Makes check acceptance a positive experience for the customer
- Customers will find it easy to make an initial purchase and will return to buy again
- No impact on float customers can still spend ahead of their paycheck
- Good word of mouth advertising
- Our logo and signs eliminate the embarrassing question: “Will you take my check?”
- Speed up check out lines with electronic authorization and check readers
- Remove negative “no checks” signs
- Informative Bank Statements
Happier Employees!
- Eliminate employees taking the blame if the check is declined
- Simplifies and standardizes check acceptance procedures
- Make more and larger sales on profits through check promotion
- Eliminate hold or authorization time through electronic processing
Other important Benefits
- A competitive edge over merchants with restrictive check policies
- The authorization procedures are similar to credit cards
- Eliminate collecting returned checks
- Reduced fee for members
- No set up fees
- No annual fees
- Reduced service fees
