check payment and processing services
 
Summation of Services
 
 
 
Chex By Phone & Fax
We can eliminate one of the three greatest lies. We have all heard it . . . "the check's in the mail." This technology is so exciting. It is a creative tool for increasing business and collecting accounts receivable. Have you ever paid for a service with a credit card over the phone? Our service allows you to take a check for half the price of a credit card transaction. It's a simple process. Your operator inputs your customer's account information (on the bottom of every check) into our virtual terminal or fills out our fax form and you are done. Creative Cash Flow Solutions, Inc. creates an electronic check and deposits it for you. All our transactions are processed in less than twenty-four (24) hours.

  • Accept payment from consumers who don't have credit cards.
  • Eliminate "the check is in the mail" syndrome.
  • Allows faster access to funds than waiting for check payments by mail.
  • Half the price of accepting credit cards.
  • Lower risk of credit card charge backs.
  • Funds available in as little as 48 hours.
  • Reduce labor costs associated with processing physical checks.
  • Collect past-due accounts using our Checks By Phone™ System.
  • Use our Automated Payments feature to receive your monthly payments on-time, every time.
  • Gain competitive advantage by offering additional payment option.
  • Improve cash flow by automating customer payments.
  • Save on expensive invoicing and mailing costs.
 
 
ChexCollect ®™(RCK)(FREE Electronic Check Recovery)
This revolutionary check recovery system is available to you, the merchant, at absolutely no cost. The procedure is very simple : when a customer bounces a check to your company, the check is forwarded to ChexCollect. When ChexCollect receives the check, they electronically resubmit the check directly through the Automated Clearing House (ACH) for sixty (60) days. Our ChexCollect service has a collection percentage of 96%. Funds are released to your company on a weekly basis. You receive 100% face value of the check. The ChexCollect advantages are:
  • Faster check processing (within 48 hours).
  • Eliminates lost or stolen checks before deposit.
  • No more trips to the Bank or Bank fees.
  • Quick detection of check fraud (48 hours).
  • Reporting and tracking from database accessible to the merchant 24 hours per day, 7 days per week.
  • Check verification at no additional cost.
  • Checks are electronically deposited in your account.
  • Immediate reports through each point-of-sale terminal.
  • Bank consolidation: funds can be centralized while converted at each location.
 
 
Automatic Payment Plan (PPD)
How would you like to have all your payments on the first of every month without ever sending an invoice? We make this service available to you. We can automate your receivables, improve cash flow and save time and money. Our Automatic Payment Plan uses pre-authorized checking to ensure all monthly payments are received on time. The many advantages are:

  • Timely funds settlements.
  • Recovery of NSF items.
  • On-line, real-time reporting via the Internet for electronic payments.
  • Less expensive than invoicing.
  • Reliable cash flow.
  • Streamlines the billing process.
  • No customer is too small.
  • No long-term contract to sign.
 
 
Internet Checks (WEB)
One of the fastest-growing methods of commerce today is the ability to make purchases via the Internet, virtually eliminating catalogs and showroom presence, and taking advantage of 24 hours per day, 7 days per week sales opportunities. With the innovation of electronic technology and the cooperation of ACH, an Internet vendor can accept a virtual check via the Internet at a fraction of the cost associated with a credit card, and also have funds available as quickly as a credit card transaction. You can view an online demo of this system here: www.speedchex.com.

  • Impulse sales captured.
  • Funds good in 24 to 48 hours.
  • Installed easily on your Website with a hyperlink.
  • About one-half the cost of credit cards.
  • Customer-friendly.
 
 
Electronic Check Conversion (ECC)
Take advantage of electronic commerce to increase employee productivity, as well as improve customer relations. Convert a traditional paper check into an electronic item at the point-of-sale and processes it through the Federal Reserve’s Automated Clearing House. ECC saves time and money, while reducing the risks of NSF checks. Accepting checks is now as hassle-free as a credit card transaction. ECC is more efficient and secure, allowing you to focus on your business and taking care of your customers.

  • Faster check processing (within 48 hours).
  • Eliminates lost or stolen checks before deposit.
  • Checks are electronically deposited in your account.
  • Immediate reports through each point-of-sale terminal.
  • Bank consolidation: funds can be centralized while converted at each location.
  • Check verification at no additional cost.
  • No more trips to the Bank or Bank fees.
  • Quick detection of check fraud (48 hours).
  • Reporting and tracking from database accessible to the merchant 24 hours per day, 7 days per week.
 
 
Accounts Receivable Conversion®™ (ARC)
Accounts Receivable Conversion®™ (ARC) is an innovative service, which allows you to almost immediately convert your customer’s check to cash when an invoice is paid by check. This is as trouble-free as a credit card transaction. It is more efficient and secure and allows you to focus more on running your business and taking care of your customers. It is a very simple procedure. Your clerk runs the paper check through a Check Reader. This hardware scans both sides of the check, converts it to an Automated Clearing House (ACH) transaction and your funds are literally in your account in less than 48 hours. Some of the benefits of this service are:

  • No more NSF fees.
  • No more trips to the bank.
  • Eliminates lost or stolen checks.
  • Quick detection of check fraud.
  • Checks are deposited electronically.
  • Reporting and tracking accessible 24 hours per day, 7 days per week.
  • Faster check processing.
  • No more deposit slips or bank fees.
  • Expedited collection processes.
  • Database of all imaged checks.
  • No more bank float.
 
 
Resources
 



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online checks
check21 services
electronic check recovery
electronic check verification
check conversion
ach processing services
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check verification
credit card processing

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