E-Check Processing

Paper checks can now be accepted at the point-of-sale and processed just like credit cards.

Electronic Check Conversion can be easily added to your existing credit card system. The process is very simple and just requires an imager/reader to be attached to your terminal. The paper check is passed through the reader and verified against a database of negative files and bounced check writers. A match will result in an instant decline. If the check is approved, the paper check must be stamped "ACH Processed" and returned to your customer.

The transaction is complete at this point and will be deposited into your bank account within 72 hours, just like a regular credit card transaction. The check conversion program is supported by an online reporting system and 24-hour customer and technical support. This solution saves you accounting time and trips to the bank, provides accurate reporting, and most importantly - no more bounced checks.

 

ACH Processing

Worldbanc’s virtual terminal will allow you to electronically debit and credit checking and savings accounts (our systems also offer credit card processing in an integrated solution).

Whether you need to accept a one-time payment (eg an electronic Check by Phone) or a reliable system for automating recurring payments our virtual terminal will save your business time and money. You can use our Virtual Terminal to process single, recurring, and future-date transactions in multiple forms.

  • Set up automated recurring payment schedules.
  • Process payments received over the phone.
  • Convert checks received through the mail.
  • Enter payments received over a web site.
  • Set up multiple recurring payment schedules.
  • Secure faster settlement through electronic presentments.

This solution saves you accounting time and trips to the bank, provides accurate reporting, and most importantly - no more bounced checks. And compared to accepting credit cards this is a less expensive solution with many of the inherent benefits.

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