Links Related to this Story:
|
Wireless ACH Check Conversion
Product: AIRCHECKZ
Companies: World Products, Inc. - AIRCHARGE and eProcessing Network
AIRCHARGE and eProcessing Network together are offering a new way for mobile merchants to accept personal checks. The companies' solution, called AIRCHECKZ, uses automated clearinghouse (ACH) conversion and electronic deposit via cellular devices and networks.
Electronic check conversion converts a paper check to an electronic transaction at the point of sale. The check information is transmitted via the Nextel data network, through eProcessingNetwork's payment gateway to a national verification database where it is evaluated against negative information. A response is sent back to the merchant within seconds. The check information is stored at the payment gateway and the transaction deposits are routed to the merchant's account within 48 - 72 hours.
Some of the merchant benefits include eliminating the need for daily trips to the bank or filling out daily deposit slips, automatic deposit of checks into an account, faster check processing, improved cash flow, earlier discovery of NSF checks, and eliminating the risk of a check being lost or stolen before deposit.
All Nextel phones compatible with the AIRCHARGE J2ME program are compatible with AIRCHECKZ: i50sx, i55sr, i58sr, i85s, i88s, i90c, i95cl, i99cl, i730, i733, and i736 models. Only the i95cl, i99cl, i730, i733, and i736 models can have both AIRCHARGE and AIRCHECKZ loaded on the same phone due to memory limitations.
The product is ideal for merchants such as heating/air conditioning, carpet cleaning, plumbing, locksmiths, security services and retail sales, among others.
eProcessingNetwork
1415 North Loop West, Suite 905
Houston, TX 77008
713-880-0327
www.eprocessingnetwork.com
World Products, Inc. - AIRCHARGE
5465 W Grand Ave, Suite 100
Gurnee, IL 60031
847-855-1483
www.aircharge.net
|