Check Acceptance
In today’s demands of fast, concise efficiency, Happy Processing is your go-to solution for convenient and cost effective check acceptance. Our processing solutions convert traditional business and personal paper checks into secure efficient electronic transactions as easily and quickly as any credit card transaction.
Choose the right mix of security and convenience to significantly reduce check fraud and collection hassles. Happy Processing will automatically handle the returns process, keeping you financially whole throughout the process.
Conversion with Guarantee: The check amount is guaranteed. No more paperwork or collections.
Conversion with Verification: Verifies that the check is “good.” You retain the risk for returned items for all processed transactions.
Time is money, and, now, without needing to take time consuming trips to the bank you’ll have more of both!
The Happy Processing Check Acceptance Merchant Account Solutions allows you to choose:
- The best point-of-sale configurations
- Risk mitigation service levels
- Imaging options to match your operating needs
- Real-time financial merchant processing for all checks by automatically and systematically leveraging three processing methods:
- Direct DDA Access: Reaches more than 30 percent of consumer checking accounts through a real time debit gateway
- Automated Clearing House (ACH) Processing: Clears checks drawn on non-participating DDA banks through the ACH network
- Check Replacement Document (CRD) Processing: Processes business checks and exception items through the banking system
You often need fast, secure check imaging. Our merchant account solutions are designed for fast, efficient ease of use. You can image checks at the point of sale or take advantage of our ability to separate the imaging process from the financial transaction:
Point of Purchase (POP): Through use of a check imager at the point of sale, checks are converted to an electronic transaction and imaged for archiving and later retrieval. One you have your digital copy, the physical check is then voided and handed back to the customer.
Accounts Receivable Conversion (ARC): Used for check present/consumer absent transactions, which are typical of receivable payments.
Cash Office Imaging (COI): Using existing MICR check readers at the point of sale, checks are processed and authorized while imaging is handled separately using a high-speed batch imager in your back office.
Outsourced Imaging: Check imaging is performed separately from electronic authorization and clearing (much like the COI option). However, your own central location or a Happy Processing site performs the check imaging instead of your back office.