Advantages to Merchant by accepting check services:
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	-Increase sales by accepting checks.
	-Eliminate bad checks.
	-Faster availability of funds.
	-No more sorting and depositing paper checks to the bank.
	-Eliminate bank deposit fees & NSF Fees.
	-Improved check speed at the point of sale.
	-For multi locations no need to “sweep funds” from local accounts, funds can be directed into central account.
	-Access to online reporting.

Check Guarantee

Think of our check services as check insurance policy. Just like having insurance, you pay insurance premiums so that in the event of a loss you will be protected from that loss. Most of our merchants have no interest in a check service, until they get their first bounced check.

The computer savvy criminal has joined a new growth industry: The counterfeiting of virtually undetectable fraudulent checks using a regular PC, a laser printer, and blank check paper available at almost any stationery store. Chemical Bank of New York reported a 50 percent increase in fraudulent checks last year and Wells Fargo admitted that transactions involving fraudulent checks rose an alarming 500 percent. Counterfeit checks are out of control during these times.

Although, consumers now carry credit cards, debit cards, and cash, checks remain the single most dominant form of payment. Over 50 billion checks were written last year and continue to grow at a rate of 2% to 3% annually. Did you know that 61 percent of the buying public does not have a major credit card and that 83 percent of all consumers write personal checks when shopping. As a successful retailer it is important that you accept checks openly and freely without fear of loosing profits because of bounced checks in today's check writing society.

eGlobal Business Solutions, Inc. has put together a variety of outstanding check service programs that will enhance and add value to your merchant product list, including traditional Check Guarantee, Check Verification, Electronic Check Recovery and the latest in check acceptance technology called Check Conversion. We also sell inexpensive and easy to use PC software to enable your company to accepts checks via phone, fax, or over the internet.

With eGlobal we have put together a very competitive Check Service program for every category of check processing in terms of service and price. After reading about each one by clicking on the check categories boxes below, please email us at sales@eglobalbsi.com. We would be happy to email or call you with a quote and to discuss your company's specific needs and answer any questions you might have.

Advantages to Merchant by accepting check services:

Increase sales by accepting checks.
Eliminate bad checks.
Faster availability of funds.
No more sorting and depositing paper checks to the bank.
Eliminate bank deposit fees & NSF Fees.
Improved check speed at the point of sale.
For multi locations no need to “sweep funds” from local accounts, funds can be directed into central account.
Access to online reporting.

Electronic Check Conversion with Imaging

eGlobal has led the way with a reliable, integrated Image capture and retrieval system.

The Process

Electronic Check Conversion converts a paper-based check to an electronic transaction at the point-of-sale. The check information is then transmitted via electronic equipment to a national verification database where it is evaluated against negative information. Within seconds a response is sent back to the merchant. A receipt very similar to a credit card transaction is generated and the customer signs it, thereby authorizing the electronic collection of funds to the merchant. The check information is then stored and the transaction deposits are routed to the merchant’s account within 48 to 72 hours.

Merchant Benefits

Convenience is important to everyone, not to mention our merchants. Electronic Check Conversion gives the merchant just that - only it’s convenience with a guarantee. This check conversion process not only processes the check electronically allowing the merchant to forego trips to the bank, but it also guarantees the approved transactions. With this program the merchant simply accepts the checks and the check conversion program does the rest! The merchant can now accept & process checks just like they accept & process credit cards.

Additional Options

This program not only offers electronic check conversion, on-line transaction viewing and customized detailed reporting are also offered. With the reporting feature the merchant is able track all of their transactions through a secured on-line system that is available 24 x 7. The reporting capabilities of this system also allow the merchant customizable reporting features, thus enabling detailed information in the format the merchant prefers. This program takes all of the guesswork out of accepting checks and manages the process for the merchant.