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COMPANY
HISTORY |
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Virtual Check 21
Service Benefits:
 Same-day fund availability.
Lowers the amount of returned items (NSF's)
Lowers the amount of monthly chargebacks.
Direct Merchant-to-Bank transaction submissions.
Negative check database and funds verification. |
Check 21 vs ACH:
Payment To Merchant:
Check 21: Payment sent direct to merchant by
clients bank sameday. No middleman or broker receives funds.
ACH: Payment sent to merchant by ACH broker.
Payment Types:
Check 21: Business Checks, Personal Checks, Cashier Checks,
and Money Orders.
ACH: Consumer and Some Business Checks Only.
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