Advise on pulling an ACH payment
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  1. #1
    Senior Member Reputation points: 81657
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    Quote Originally Posted by John Galt View Post
    Look up Versa check and do it yourself...easy. You write checks on the customers account with no signatures needed. I do it daily. Cost for software about $70. Done.
    Which is a called a Check 21 and is a very high risk check. The better method would be for your client to do a "Customer Push" and send you funds via "Bill Pay" or even a wire.

    For those that are doing a Volume of Checks monthly, utilize our Genie Check 22 - which customer has to authorize or a P2P Payment . (Peer-2-Peer ) which is actually cash in the form of a check.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  2. #2
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    Doing Versa check for customers for over 10 years, never had a problem and never needed a signature. It used to have to be special paper stock with magnetic ink but that changed about 8 years ago. I still use the old version.

  3. #3
    Karen37a
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    Quote Originally Posted by John Galt View Post
    Doing Versa check for customers for over 10 years, never had a problem and never needed a signature. It used to have to be special paper stock with magnetic ink but that changed about 8 years ago. I still use the old version.
    I do it this way too( different software)..Someone once tried to charge me back for $495....cant be done this way, I was also alerted that they did it and were going to take an mca and run... I saved the deal
    Last edited by Karen37a; 10-05-2017 at 02:02 PM.

  4. #4
    Senior Member Reputation points: 81657
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    Quote Originally Posted by John Galt View Post
    Doing Versa check for customers for over 10 years, never had a problem and never needed a signature. It used to have to be special paper stock with magnetic ink but that changed about 8 years ago. I still use the old version.
    Wells Fargo, TD Bank & Compass will not accept a Check 21 Document even though they are legal.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

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