Our company is a full service electronic check processor. We process a significant amount of low risk transactions and we are looking to increase our high risk customer base. We recently completed an integration with a bank that is willing to take on a lot of high risk business. We’re looking to stay within the range of 1% to 6% unauthorized returns with the high risk merchants. We are allowed to accept escort agencies which currently a lot of other processors are not able to take on.
Our virtual image creation product bypasses the 1% unauthorized ACH rule by processing transactions through Check 21. Merchants will enter in consumer’s information either through a Virtual Terminal or through file integration to get the transaction data over to us. We will create the electronic images based on the name, address, city, state, and zip code information and process the check. Since we are in control of what goes on the check, more information can be passed along to the consumer with the payment such as customer service numbers, websites, coupons or discount codes, pictures of the product, and more. This additional information will show up on the consumer’s online banking or bank statement which will help limit unauthorized returns. We also understand the need for discretion in this industry and beyond the minimum requirements of the client name and address no additional info needs to appear on the check.
Due to the wide variety of business and merchants we currently provide service for I am going to be extremely discreet on this message board but once you contact me directly I will let you know more in depth info about our company, who we are, and the reliability of the service we provide our merchants.
Please contact me if you are interested in our product.