Safe, Electronic Transactions

Tired of hassling with checks? Returned checks costing you money? Whitney Merchant Services offers electronic check processing to protect your profits when you accept a check.  Whitney Merchant Services' Electronic Check Service (ECS) converts paper checks into safe, efficient electronic transactions. You will submit your daily checks through the same system you use to authorize credit and debit cards.

How ECS Works

Point-of-Purchase (POP) Conversion

This process occurs in a check present/consumer present environment. The check is passed through the point-of-sale system for conversion and is approved or declined, with the voided check handed back to the customer. Settlement occurs electronically, with funds deposited to your account in the same timeframe as your credit card deposits.

BENEFITS YOU CAN BANK ON:

• Faster Access to Funds - checks are converted and transmitted with the same speed and ease as credit card deposits.
  
  
• Reduced Costs - eliminates the time, labor and paperwork associated with check deposits and returned items.
  
  
• Single Depository Bank Relationship - all check funds are deposited into a specified DDA account, eliminating the need to have multiple banking relationships based on store location.
  
  
• Minimized Risk - Verification and Guarantee Services reduce the risk of returned checks.  Transactions that result in non-sufficient funds will be automatically resubmitted up to two times.
  
  
• Improved Reporting - All electronic payment activity processed is consolidated on reports and statements.  Computerized records allow instant access to full data on checks accepted, processed and returned.
  

For more information, simply call (866) 949-6790, click here, or visit your nearest Whitney Branch.