Electronic Checks

Why Accept Online Checks?
89% of U.S. adults have a checking account
86% of all business payments are by check
23% of households do not have a credit card
45% of all credit card holders are within 5% of their credit limit
83% of all consumer bills are paid by check
80% of all non-cash payments are by check
10 million households without credit cards are online
500 million Internet check transactions in 2002
Over 1.3 Billion Internet check transactions in 2003

LectroCheck™ offers you the chance to be able to accept checks for your payments.

The process for having electronic checks accepted is very easy. All you have to do is register to online check and complete the pdf file that is required in order to make an EFT account.

We will set up an account with an EFT provider. After that you can send your customers to your own secure page where they can submit thier check online.

If your customer provides invalid account information or doesn't have sufficient funds to cover an order, their Onine Check transaction will be declined by the Electronic Funds Transaction processor. Transactions will only be submitted to your bank after they have been screened by the EFT processor. This alleviates the risk of bank-assessed returned-item fees.