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 NACHA's Operating Rules, consumers have greater protection with check conversion.
• Check conversion is the fastest-growing type of electronic payment ever. In 2005, the number of checks converted to ACH debits rose by 60%

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. It takes a considerable amount of fuel to ship our country's millions of checks each year between companies, financial institutions, and customers.
• 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.