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Guarantee/Conversion

Guarantee allows the merchant to "insure" the face value of the check therefore protecting the merchant against checks written on non-sufficient funds (NSF). Merchants obtain electronic approval or voice authorization for the transaction and then deposit the checks. Checks that do not clear can be submitted for reimbursement. Reimbursement typically takes 2-4 weeks from the time of receipt of the original item, and is processed electronically via ACH.

Conversion will allow the merchant to deposit paper checks electronically just like a debit card. There is no need to go to the bank...just stamp the check "VOID", hand the check back to the customer and the transaction is complete. The check will be deposited within 48 hours with all of your credit card funds.

National Processing Solutions will help you set up a merchant account with a phone call, or if you would prefer to fill out some preliminary information about your business first and we can get you set up via email correspondence.

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