Product: EZ Approval and EZCollect
Company: EZCheck Check Services Inc.

Even in the age of electronic transactions, many consumers still prefer to write checks for payment, and many merchants honor those checks, although hopefully not without some sort of service to verify identification and guarantee funds. Merchants who conduct payment transactions remotely may find that carrying out check verification and guarantee is especially challenging.

EZCheck Check Services, a Houston-based check conversion and authorization company, offers two new products to enable merchants to access their check services more easily and cost effectively. With EZ Approval, merchants working at locations other than their stores can access check guarantee and verification services using a touch-tone phone (this includes wireless phones).

They do not need any other POS equipment, and they will have access to EZCheck's databases: national check writer, bank account validation and account status.

The service links merchants' phone numbers to their merchant IDs, so they can receive a response in seconds. Payment is also guaranteed. With EZCollect, merchants can collect on non-sufficient-funds (NSF) checks at no cost. Checks that are returned due to NSF funds and need to be collected on are directed automatically from merchants' banks to EZCheck.

Once collected, merchants using this service will receive the face value of the check via a monthly electronic deposit. Merchants must, however, post a notice at their check out alerting customers of the process.

EZCheck Check Services Inc.
800-797-5302
www.ezchk.com