expresscheck21
is a hybrid, “patent pending” web-based ARC1 Check
21 solution that processes and deposits all types of paper items
into electronic transactions or substitute checks, better known
as IRD2, all through a single point of entry system.
expresscheck21 is designed for retailers and businesses to accept both consumer
and non-consumer checks so they can be processed in the back-office.
With expresscheck21 you can continue to accept your customer’s paper check
payments, either at your business location or via the U.S. mail. You can then
electronically process and deposit checks without having to go to your bank.
Scan, process and deposit all types of paper items at your business location
using a check scanner. Captured images and data are then transmitted for clearing
and electronically deposited into your bank account.
The Check21 Process
- Merchant receives checks from customers
- In the merchant’s back office, utilizing a scanner and web-based expresscheck21 technology, the checks are scanned and sent electronically to Secure Payment Systems for processing
- expresscheck21 distinguishes between non-consumer checks (corporate, payroll checks, etc. which are processed using image exchange through the Federal Reserve) and consumer checks (processed via the ACH network)
- Merchant receives funds from Secure Payment Systems
Desktop Check Scanners
High
Volume Digital Check TS - 350/400
- Accepts 100 checks at a time
- Processes 60-80 checks per minute, 3,000 per day
- Images both sides of checks in one pass
Mid
Volume Digital-Check TS230-65/100
- Accepts 25 checks at a time
- Processes 65 checks per minute, + or - 500 per day
- Images both sides of checks in one pass
Low
Volume MagTek MICRImage
- Accepts 1 check at a time
- Processes 30 checks per day
- Images both sides of checks in two passes


