Using check conversion to process payments results in fewer bad checks and quicker processing of payments. Additional benefits include the following:

Check conversion is simple.

• Check conversion requires very little effort or time to set up, and once it is established, your company immediately begins saving money.

Check conversion is safe.

• Check conversion relies on the same secure network used for Direct Deposit and Direct Payment, the Automated Clearing House (ACH).
• The Federal Reserve's Regulation E and the NACHA Operating Rules regulate electronic payments processed through the ACH Network. Because of Reg E and the NACHA Operating Rules, consumers have greater protection with check conversion.
• Check conversion is the fastest-growing type of electronic payment ever. In 2007, the number of checks converted to ACH debits rose by 30 percent.

Check conversion is smart.

• Check conversion reduces time and resources needed to process payments, resulting in continued cost savings to your company.
• Electronic processing reduces the burden on our nation's transportation systems and the environment. Every year, paper checks use more than 67.4 million gallons of fuel and add more than 3.6 million tons of greenhouse gases/CO2 to the environment.
• You are required to provide notice to your customers prior to the receipt of each check to be converted to an ACH-based electronic payment - keeping your customers educated about your electronic payment activities helps build trusting, loyal customer relationships.