Businesses that will process at least 200 transactions per month can save money by not having to go to the bank every day and on return fees your bank is charging you now. All you need is a computer with high speed internet. You will be required to have a Magtek MICR Image check reader with our software. We warranty the check reader for as long as you are processing with us or one year, whichever is longer. Our Check Conversion service automates the check process, expedites funds availability and reduces bank charges such as return check fees. Funds are automatically placed into the merchant’s account, reducing the need to fill-out daily deposit slips and travel to the bank. Checkmatic Check Conversion also eliminates the chance of loss of funds since the owner or manager makes the deposit through our propriatory software and a Magtek check imager. The status of your checks can be viewed online as well as the images.

Collection agencies that want to take payments over the phone or represent checks and fees electronically can build our file to our format and upload them daily. We process RCK, PPD and TEL transactions for your agency. You can also sell the check conversion to your customers and retreive images of any returned items to place in your application to start the collection process.

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