Remote Deposit Services
Telephone Checks
CHECKredi’s Telephone Check service electronically debits your customer’s bank account for your one-time billing, instantly. No more waiting for checks in the mail! This is an Internet-based application that guides your employees step-by-step through the process of taking a check over the phone. Integration is as easy as opening a web-browser and accessing the CHECKredi website.
Features:
- Complimentary use of our software without the need to purchase additional equipment
- 24/7 access to your account via our secure website
- Seamlessly upload detailed paid data file to your accounts receivable program
- User-friendly interface, requiring only internet access
- Transactions easily re-submitted for payment
How Does Telephone Checks Work?
Step by Step
- The customer’s account information is entered into our easy-to-use Telephone Check software. Our software prompts your staff to extract the MICR line information from the customer, which contains the checking account number, bank routing number and check number needed to process the transactions electronically.
- This data is transmitted in real-time via our secure web site and processed by our high-speed web hosted software which is safely accessed from a standard web browser.
- Using CHECKredi’s WEB based software this information is used to create an electronic ‘substitute’ check payment.
- The funds are processed through the ACH, electronically debited from the customer’s account and available in your bank account within 24 to 48 hours, alleviating a trip to the bank.
- The funds are processed through the ACH network, electronically debited from the customer’s account and deposited into your bank account, alleviating a trip to the bank.