
NY Merchant Money check processing programs transform check acceptance into risk-free electronic payments using the latest technology in the check processing industry. Our programs provide a revolutionary approach to check acceptance that will satisfy the check-writing customer and give merchants the convenience and security of an electronic payment. Our programs use the information on the customer's check to create an electronic payment at the register.
Specifically:
- The check is scanned
- The transaction is verified and authorized
- The terminal is settled and funds are electronically deposited into the merchant's account
- Assured funds are delivered to the merchant within 48 hours
- The funds are guaranteed