Checks By Phone
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  1. #1
    Senior Member Reputation points: 84416
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,952

    Lightbulb Checks By Phone

    Accept Check Payments By Phone


    Check 21/22 Processing Virtual Software Terminal


    Quick Overview


    Quick Approval & Activation - Generally within 2 Business Days
    You will receive your E-check via Email within 5 minutes.
    Deposit via Teller, ATM or Mobile
    2.00% Discount Fee
    ZERO Transaction Fees.


    You will Get Paid for the Full Amount You Billed:
    Discount Fees Are Billed Separately.
    One-Time Activation & Setup Fee
    No Contracts
    Quick Phone Application


    Recurring Billing Feature Included - Select Daily, Weekly, Monthly,
    Quarterly, or semi-annually automated payments.


    ** Suggested Check Paper from your preferred Office Supply Vendor

    https://www.officedepot.com/a/produc...-Check-Refill/
    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
    Senior Member Reputation points: 13183
    Join Date
    Dec 2021
    Posts
    213

    Why would someone do this over using ACH or wire?

  3. #3
    Senior Member Reputation points: 84416
    Join Date
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    Quote Originally Posted by goldenhippo80 View Post
    Why would someone do this over using ACH or wire?
    Speed - Secondary Reason - the Broker does not want to wait for the merchant to complete any additional tasks.
    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

  4. #4
    Senior Member Reputation points: 39309
    Join Date
    Aug 2018
    Posts
    792

    Checks r useful for psfs.

    Plus a mtd hides u pulled psf on the deal from a funder. Theyd have to login and view it manually in login unless the checks r printed at the bottom of a stmt.

  5. #5
    Senior Member Reputation points: 307559
    Join Date
    Jun 2015
    Posts
    3,322

    very useful for large amounts, most ach has a daily cap

  6. #6
    Senior Member Reputation points: 84416
    Join Date
    Mar 2014
    Location
    Florida
    Posts
    2,952

    Quote Originally Posted by Michael I View Post
    very useful for large amounts, most ach has a daily cap
    Our software limit is $99,999.00
    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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