eCheck Services

ChamberCharge provides merchants the ability to turn paper checks into electronic files - this eliminates paper checks going to the financial institution. No more running to the bank to deposit checks.

ConversionAt the point-of-sale a paper-based check is converted to an electronic transaction by the use of a MICR check reader.

VerificationThe check information is then transmitted via electronic equipment to a national verification database where it is evaluated against negative information.

GuaranteeAfter verification, ChamberCharge goes one step further by actually providing a guarantee that the merchant is paid.

AuthorizationA receipt similar to a credit card transaction is generated and the customer signs it, thereby authorizing the electronic collection of funds. The check information is stored and the deposits are routed to your account within 48 to 72 hours.

ChamberCharge provides a variety of eCheck services:

eCheck Plus

conversion + verification + guarantee + authorization

eCheck

conversion + verification + authorization

Recurring Debit

not verified, not guaranteed

Recurring Debit differs from point-of-sale based conversions because a paper check is not available for every debit the customer authorizes. The check information and authorization is obtained from the customer at the time of sale. The transaction is then entered using a web interface. The transaction is then securely transmitted over the Internet to EMS. The check information is stored and the transaction deposits are routed to the merchant's account within 5 business days. When the next payment anniversary date arrives (weekly, monthly, semi-annually, etc.) the transaction is automatically processed again.

Remote Check Deposit

not verified, not guaranteed

Remote Check Deposit starts with the merchant receiving a paper check from a customer. A check imager is used to convert the check to electronic data, which is securely transmitted to EMS where it is evaluated against bank routing number and account. The check information is stored, transactions are processed and the transaction deposits are routed to the merchant's account within 48 to 72 hours.