Checks Over The Phone - How Does It Work?

ACHQ™ makes accepting checks by phone easy. Increasing your payment flexibility is as easy as accepting a credit card payment. All that's needed is an internet connection and access to ACHQ's state of the art virtual terminal.

When a consumer would like to pay your company by phone, simply have them read the MICR line at the bottom of their check to your sales staff. The MICR line contains the customers' checking account number, bank routing number and check number needed to process the transactions electronically. Upon completion, input or transmit the payment data to our secure payment gateway. ACHQ takes care of the rest, processing the payment through the ACH network and electronically funding your bank account.

How Checks By Phone Work with ACHQ

Requirements

• Computer
• Internet access
• Telephone and/or fax to receive check info

Benefits

ACHQ™ allows you to avoid the time consumption of processing paper checks, running to the bank and tedious data entry. In most instances checks submitted over the phone are electronically processed at the bank even before paper checks, giving you quick access to your valuable operating capital.

• Easy-to-use
• Schedule Recurring payments
• Re-submit NSF checks with ease
• Secure and reliable
• Low cost per transaction
• Comprehensive 24/7 analytical reporting