Check Processing

Processing checks is simple, fast, and efficient through the multiple check programs offered by Prolific. These programs help reduce the cost of accepting checks as well as minimizing the risks involved. We offer both check guarantee and check verification programs that can all be done through your point-of-sale. Many retailers are now implementing these solutions, giving their customers broader payment options and having the assurance that the transaction is secure.

Here are the different check acceptance programs offered by Prolific:

Electronic Check Conversion Guarantee
Accepting checks through our check guarantee program is one of the most widely used programs by our merchants. This program allows you to accept checks worry free with the least risk involved. In this program, your customer gives you a check, which is then processed through your point-of-sale unit, converting that check into an electronic transaction. The Automated Clearing House (ACH) network is then used to process the transaction and fund your account. Processing checks electronically eliminates your daily trips to the bank because at the time of settlement, digital images of the checks are electronically transmitted and are sent directly to your bank.

With the guarantee program, you do not need to worry about returned checks, you are funded regardless whether the check is good or bad. This helps you put more time into focusing on your customers rather than worrying about managing the collections of returned checks.

Electronic Check Conversion Verification
With our verification program, you can determine whether a check is good or bad by using our risk assessment technology and the largest U.S. databases to evaluate the risk of accepting a check. If the check meets the verification requirements, the ECA Verification service converts the paper check into an electronic transaction at the point-of-sale. The Automated Clearing House (ACH) network is used to process the transaction and funds are deposited directly into your bank account in two business days.

Non-electronic Check Verification
With Non-electronic check verification, you have the ability to verify whether a check is good or bad without the use of a check reader or imager. When the customer presents a check for payment, you will manually enter the check account information directly through your point-of-sale unit. The check information is then processed through the largest check verification database in the U.S., which will identify any high risk bank accounts that have a past history in returned checks before the payment is initiated. With this simple verification process, you can dramatically reduce the number of costly ACH returns.

Telephone Acceptance
Expanding your payment options is important to both your business and your customers who prefer different methods of payment. The acceptance of checks over the phone has been a popular method of payment for those customers who prefer to pay by check over the telephone.

Internet Check Acceptance
Please refer to our Online Check Processing service in the Online Services section.

LockBox Payment Acceptance
If you are a small or mid-sized enterprise accepting checks through mail, or if your customers physically bring checks in to your location for payment, you understand that the time it can take to process these checks is costly. Merchants experience higher risks with this method of acceptance due to the lag time in processing checks. Prolific offers you a unique solution which allows you to streamline the check handling process by being able to convert the check into an electronic transaction and then settling funds via the Automated Clearing House (ACH) network which reduce bank fees, trips to the bank, paperwork, and deposit preparation time.

With the multiple check programs that Prolific offers, we can service your business needs with the program that will best suit your needs. There is no need to stop taking checks and refusing business because of the high risks associated in check acceptance. The many advantages offered by our check programs will give you faster access to your funds, minimize risks, and reduce your business costs.