Products and Services
High Risk Check Processing
Cutting edge electronic check acceptance process that is revolutionizing payment processing for both High and Low Risk Merchants!
This Patent Pending, check acceptance service is for merchants who desire faster settlement, reduced returns, the near elimination of chargebacks, and complete control of their settlement account. Whether you accept check payments over the phone, through the web, or via secure FTP batch upload process you’ll enjoy superior payment processing coupled with unmatched reporting with our new revolutionary payment process.
Why should merchants use this service and not ACH?
With ACH you normally have a 3rd party processor in the middle which holds your funds in THEIR settlement account. Typically these funds are deposited into your account 5 business days later. With our service there is no settlement account held at a 3rd party. All payments are settled the next day directly into a bank account YOU own! Also, depending on what type of industry you’re in, ACH processors typically ask for cash reserves to guarantee your account. However, once you terminate their service you might not see that reserve for up to two years, if ever. Additionally, if your ACH processor goes out of business not only do you lose your funds in your reserve account, but the funds in the settlement account, that you DO NOT own, are also lost.
Finally, if you have processed ACH transactions in the past and have drawn the ire of NACHA because of excessive returns or chargebacks you’ll never have to worry about that again. With our service NACHA regulations in regards to returns or chargeback do not apply so you don’t have to worry about pointless regulations put in place to limit the amount of business you can do.
Who Should Use This Service?
- Merchants who need quicker funding when compared to ACH
- Merchants that are not interested in funding a reserve account
- Merchants in high risk industries
- Merchants that have had issues with NACHA – NACHA regulations in regards to returns and chargebacks don’t apply.
- Any merchant currently printing drafts
- Merchants that want to reduce their overall returns
- Merchants that have chargeback issues and want to virtually eliminate them.
Service Benefits
- No settlement account – You own the account
- Checks are electronically deposited into your account daily
- 24/7 access to Online Reporting and Account Management
- Virtually eliminate chargebacks
- Submit via batch, API or Virtual Terminal
- Proprietary check verification pre-submission scrubs
- Download/import real-time reports (Transactions and returns)
- No Monthly Fees
- Reduce liability and increase profits
- No reserve needed on most accounts
- Individual and recurring payment receipt options
Still Not Sure?
If you’re still not sure if this solution is the best one for you please fill out a Contact Request form and an NCMS agent will contact shortly. Or for more immediately assistance please contact us toll free at 877-370-9645
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