ACH and eCheck Billing Through QuickBooks®

VeriCheck provides a direct integration into QuickBooks® software through our partner Fi-Soft. Fi-Soft and VeriCheck allow users to seamlessly integrate their accounting and payment processing systems. No more going outside of QuickBooks® to process payments against customer accounts and having to bring information back in.

Send customers invoices directly from QuickBooks with a pay option built into the invoice. Customers would be able to pay invoices with ease and payments show up in QuickBooks so relationships can be easily managed. Recurring customer billing is also managed directly from QuickBooks to provide a seamless and effortless way to manage your receivables

With our QuickBooks® integration you can dramatically increase your efficiency while saving countless hours of manual recording, data collection, and accounting time.

Fi-Soft Merchant Edition was designed to offer a more secure, yet automated method of data integration and payment processing for QuickBooks® accounting software. Using Fi-Soft’s exclusive PayGuard technology, you can automatically process payments without having to store sensitive account data in QuickBooks®.

Seamless accounting system integration is the foundation for better business management and increased profits. Imagine the impact on your business of eliminating manual processes, connecting remote employees, establishing seamless e-commerce systems, and having accurate customer and financial information automatically updated within your accounting system.

With VeriCheck and Fi-Soft, your business will run more efficiently and generate higher profits!

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Open ACH and Check Processing API for Third Party Application Development and Integration

Are you a developer who is creating a website, software application,  smart phone app,  new platform, or gateway? VeriCheck provides the most dynamic check processing integration capability available.

We have been helping developers, entrepreneurs, start-ups, and gateways process ACH and check payments for several years with our API and open source platform. PayPal and credit cards are expensive and in many cases offer very poor integration capability. We are the solution if you need to collect payment from customers via web, specialty software, invoice (including email invoice), telephone, fax, or even in person.

Check and ACH capabilities allow you to keep more of your own money! You no longer have to forfeit your profit margins because of hefty discount rates. Get in touch with a VeriCheck sales representative today to find out how we can streamline your receivables or provide your new idea or program with a great option to receive payments with ease! Call 866.VERICHECK or visit us at www.vericheck.com Today!!!

Chargebacks and The Automated Clearing House

Chargebacks in the ACH world are when a customer notifies their bank that a debit  initiated by a merchant was not authorized. Chargebacks can be very time consuming, costly, and can result in a loss of reputation or even in loss of processing capability for a merchant.

Chargebacks are an area of concern for the merchants and processors because of their implications. Typically a chargeback implies that some type of fraud is going on with a merchant and/or that fraud is being committed against a merchant or a customer.

Even through the reasoning for a customer to initiate a chargback against an item on their statement might be bogus, the burden of proof to resolve chargeback issues lies with the merchant. A merchant needs to provide the ACH authorizations for any debit that was initiated against a customer within a specified period of time in order to win the dispute.

Chargebacks can be the result of the following:

• Point-of-sale processing errors
• Customer dispute
• Post-transaction
• Potential fraud
• Authorization-related

The chargeback process can be a difficult and frustrating. First, the customer contacts their bank to initiate a refund for a purchase made on their account. The bank then researches the validity of the dispute while providing a provisional credit to the customer. Next, the bank initiates the process by obtaining credit from the merchant’s account through the merchant’s processing bank. The merchant’s processing bank then performs their own research and validation.

The merchant’s bank either declines the chargeback or removes the chargeback amount from the merchant’s account and provides written notification to the merchant. The determination as to what decision is made is based on the documentation provided to the bank by the merchant. If the documentation is satisfactory, the chargeback is declined and the customer is charged again for the sale. If the documentation is unsatisfactory, the chargeback is successful, ending the process.

If a processing error occurred, the sale is re-presented to the bank for corrections.

Maintaining a respectable chargeback rate is a necessary aspect of ACH fraud protection practices. Processors are required by NACHA to keep an overall chargeback rate of  under 2 percent. Processors hold merchants to this threshold as well. If chargebacks ever become too abundant for either processors or merchants, banking relationships can be severely impacted or even terminated.

In order to keep chargebacks and other issues to a minimum, it is important to obtain the appropriate authorizations from customers, gain an exact understanding of what proper authorizations entail, and to keep them on file for at least 2 years.

Different transaction types usually have different authorization requirements. For instance, an authorization to initiate a debit to a customer’s account via the telephone (a TEL transaction) has different authorization guidelines and requirements than a transaction that was initiated by a customer in person.

For more information and to see the different transaction types and authorization requirements check out this link: ACH Transaction Types

or

Check out our list of ACH Return Codes and Reasons

ACH and Check Processing – Electronic Checks | ACH | VeriCheck

ACH and Check Processing – Electronic Checks

• Accept checks by phone
• Accept checks online
• Accept checks through your web site
• Check image capture and storage
• Free customer support
• Online virtual terminal access
• Dynamic reporting functionality
• Recurring ACH payments
• Subscription payment plans
• Paper check conversion
• Remote Deposit Capture

ACH | VeriCheck

Since the early 1990s Vericheck, has offered check processing services to merchants. Over the years our service offerings have evolved to meet the ever-changing needs of modern day business. From one time transaction processing to recurring billing, we process payments for a variety of clients across the country. Our unique, in-house ACH & check processing capabilities allow us to service the entire spectrum of payment types. We have multiple program options for both check present and check not present transactions. Our verification which was the basis of our company’s beginning, is now standard on all of our products. We also still offer our guarantee program for qualifying merchants!

ACH Benefits

There are many benefits associated the ability to process ACH payments. Both customers and business owners/operators benefit when a proper ACH processing system is in place. The ACH system also benefits the environment.

• Eliminates the need for paper checks
• No more envelopes, stamps, or paper statements
• Eliminates time and costs associated with having to bring deposits to the bank
• Payments clear faster
• Eliminates NSF charges
• Returned items can be resubmitted effortlessly, automatically, and instantly
• Decreases fraud
• Increases revenue
• A fraction of what it costs to get paid with a credit card
• Provides for perfect record keeping
• Increases payment forms for customers
• Customers can pay their bills effortlessly
• You can take payments from customers instantly with your smartphone
• Verification on all transactions

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Virtual Check Terminal

VeriCheck’s solutions provide a way for businesses to access an online check terminal where you are able to debit a customer’s account instantly!

With our solutions your organization will have the ability to access a web-based processing terminal that is the only payment vehicle your business will ever need. Accept payments from customers who call in to make to make a payment, take faxed payments, or create simple  payment forms that can be inserted into emails or web pages.

VeriCheck’s solutions are not only easy to use, cost effective, and fast, they are great for the environment!

With VeriCheck you can cut out the costs (both in dollars and to the environment) that your organization expends doing business utilizing old world methods. No more money and resources wasted on stamps, envelopes, ink cartridges, or paper. Our all encompassing system will decrease your organizations carbon footprint, and streamline the way you do business.

The days of utilizing the postal service to collect payments from customers are long gone. With VeriCheck, your organization can now take payment from a customer’s account instantly, and for less than it costs to purchase an envelope and a stamp. Not only is it easier and less expensive, it is safer and faster!

Our service is great for collecting monthly premiums, monthly fees, and other payments that are collected on a regular basis. With VeriCheck all customers are treated as if they were local customers of your business… All customer’s will receive their invoices at the same time and your business will not have to wait for a payment to arrive from across the country via the postal service. Payments can be made instantly in much less time than traditional ways of making payments.

It is 2011, and it would not be an embellishment to infer that almost everyone in the United States has an email account. Email accounts are free, and they usually move with the person who owns the email account. You don’t leave your email account at your old address with your traditional mailbox, it comes with you. These days, most people have emails sent directly to their phone. With VeriCheck, if your customer has an email account, then they can not only receive invoices from you electronically but they can also pay for that invoice instantly.

www.vericheck.com

866 VERICHECK

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Happy Holidays from VeriCheck

Season’s Greetings to All,

VeriCheck would like to take this opportunity to extend our warmest salutations to everyone this holiday season! We would also like to keep you informed on our business solutions and reseller opportunities as the new year rapidly approaches.

Check and ACH Processing

We are a direct ACH processor and we pride ourselves in focusing exclusively on check and ACH products. Doing this enables us to offer unique services, great prices, and unrivaled support for our clients.

We help organizations connect to the exact solutions they need, precisely when they need them. Our team of experts are always available to help businesses realize the benefits that can be achieved by leveraging VeriCheck’s solutions into their operations.

Below are just a few of the the solutions we offer:

Our Solutions

* ACH transactions (TEL, WEB, PPD, CCD, ARC, BOC, POP)
* Check 21 and electronic check conversion
* Integrated check scanner / credit card terminals (Q1 2011)
* Check Guarantee
* Check Verification
* One time scheduled and recurring payment capability

Remote Deposit Capture
VeriCheck provides solutions for businesses that lower expenses, make life easier, and that are environmentally friendly

Our RDC solution offers businesses a low cost and easy way to deposit all checks received directly into any US bank account – right from the office!

• Free software, training, and support
• Small footprint check scanner
• Deposit checks in less than 20 seconds
• Money is available faster than traditional deposit methods
• Check image is safely stored “in the cloud” for viewing anywhere anytime
• Bulk check scanning solutions are also available

We are always looking for new partner organizations that will be able to benefit from the programs and services we offer to merchants.

Contact Information

www.vericheck.com
1-866-VERICHECK
zace@vericheck.net

Get Paid Faster With VeriCheck

VeriCheck offers programs to businesses that gets you paid faster and easier than ever! Sign up for a merchant account with Vericheck today, and start taking ACH and check payments electronically. We enable businesses to take payment from customers over the internet, over the phone, in person, or through the mail. VeriCheck also offers recurring billing capability to businesses who have customers that pay a certain amount on a regular basis.

Recurring billing also allows you to break up large payments in to several small ones. Breaking up payments will increase sales! Its holiday time, and for customers who will be purchasing large items, having a system like VeriCheck in place will make your business more appealing. VeriCheck can provide a solution for your customers that will make them want to purchase from your business!

You will be able to set up customers on a schedule that will allow them to break up any purchase into several small payments, making their purchase easier and more appealing!

For more information, contact a Vericheck representative today at 1.866.VERICHECK or visit us on the web www.vericheck.com

Small Business Check and ACH processing

Do you have a small business that accepts checks as a form of payment? If so, VeriCheck can provide a safe and effective solution that will enable your business to increase revenues and drive down costs.

Vericheck’s check and ACH program for small business enables your organization to reduce bad debt, clear funds faster, and increase sales! Our programs were developed with small and medium sized businesses in mind. No more waiting in long lines at the bank, or scrambling to meet the bank’s deposit cut off time!

VeriCheck enables merchants to deposit checks remotely at their business location! Merchants are also able to verify checks before accepting them. Checks are still the most ubiquitous form of payment outside of cash. Approximately 90% of the population in the United States have checking accounts to purchase goods and services with.

Accepting checks also reduces the expense associated with credit card acceptance. Stop paying high discount rates to credit card companies!!! VeriCheck provides check verification and NSF recovery to merchants at no additional cost!

Turn check payments at the point of sale into electronic transactions that are verified and submitted instantly at the point of sale! We also offer the ability to accept checks over the phone, by mail, online, or through your website!

Use your existing bank account!!

Low set up cost and no monthly fee!

For more information, contact VeriCheck at 866-vericheck or by email at info@vericheck.net or visit our website for more details http://www.vericheck.com

Blairsville, Georgia – Payment Processing / Merchant Accounts

VeriCheck would like to invite all of the local businesses in the Blairsville and North Georgia area to explore our merchant programs!

For a limited time, we will be providing free enrollment into any of our programs! It is time to bring your business into 2010 with the help of VeriCheck!!

We provide every type of processing solution for all types of businesses who are looking to streamline administrative processes and receive customer payments quickly and easily!

Contact a VeriCheck representative today to find out what specific program we have that will work for your business!

We can be reached at any time via our website www.vericheck.com or call Toll Free at 1-866-vericheck

We look forward to working with our local community!!

Call Today!!!