Simple Steps Involving in Process Of e-Check
Initiate the Process
The Process begins when the customer starts to fill out online check at the point of sale.
Validation Of Check Details
Service provider runs the check and captures the basic information including check number, account number and routing number etc.
An Online receipt is generated and printed for the check writer to sign. The transaction will then appear on the customer’s bank statement as a debit.
Deposit of Money in Merchant Account
Upload the captured check information for processing, and the proceeds are deposited into your account within a day or two