Paya/Sage Payment Solutions EFT allows merchants to accept and process electronic checks from consumer and corporate bank accounts safely and securely. Whether you are a retail, mail/phone order or internet business, Paya/Sage Payment Solutions EFT has an electronic check option for you.
Benefits of accepting checks:
- Increase sales by expanding payment options to your existing and new customers
- Increase customer satisfaction.
- Easy access to funds in 2-3 business days since checks are automatically deposited into your checking account electronically
- No trips to bank - so no gas/labor expenses
- No checks returned due to NSF if using guarantee
- Completely eliminate bank NSF fees if using guarantee
- Check services rates are usually lower than credit card rates
- Easy reconciliation with access to online reports and statements
How it works:
Paper check is received in the mail or at the point-of-sale, Check scanned through a check reader that is connected to a POS terminal or virtual terminal, Consumer checking account electronically debited and merchant funded, Done!
Sign up for merchant accounts, payment gateways, gift/loyalty cards, merchant cash advance/ loan, check, EBT, Debit and payroll services that we offer through our Online Merchant Application.