We now offer a variety of new check services programs from our partner Secure Payment Systems. There are two options. The first is check verification only with or without electronic conversion of funds. The second is a check conversion with full guarantee program. You receive a buy rate and 100% OVER, not 50/50!

Electronic Check Conversion, Tomorrow’s Technology, Here Today!

Imagine a check transaction that feels like a credit card transaction! After scanning your customer's check an image of the check is instantly stored in the check reader/imager! A receipt is printed from the terminal which the customer signs allowing for ACH funds transfer! You hand the check back to your customer and funds are credited to your account within 48 hours. Now you can eliminate going to the bank and worries about losing or having your check deposits stolen. Plus, you get rid of costly deposit item charges, bad check fees, banking time & effort, deposit ticket costs, & cash flow delays.

How does Check Conversion Work?

Imagine your customer handing you a check:

  • you enter the requested data into a point of sale terminal
  • you slide the check thru the check scanner

Instantly, an image of the check is created and stored in the check scanner !
Instantly, an electronic transaction request is transmitted for approval !
Instantly, a receipt is printed which the customer signs allowing for ACH funds transfer !

  • you image the receipt by sliding it through the check scanner
  • you hand the check back to your customer
  • funds are credited to your account with 24 – 48 business hours
  • "electronic" checks which bounce hit SPS's bank account not yours !

Save on individual deposit item charges, bad check fees, banking time & effort, deposit ticket costs, & cash flow delays.

Buy Rates:

Check Guarantee Paper or Conversion

  • 1.15%
  • .15 per transaction
  • $5.00 Statement Fee / $15 Monthly Minimum

Pay Day Discount Rate 2.75% (Hold Check = $1500, 4 check limit)

Check Verification Only (No Guarantee)

  • .15 Verification only (no conversion)
  • .20 Verification with electronic conversion
  • $5.00 statement fee / $15.00 monthly minimum