E-Chex PC is a powerful program developed jointly with E-Chex (National E Commerce) to process checks electronically through the Federal banking system. Checks can be entered either by a Point of Sale terminal or through a computer. Check batches are uploaded from the client location to E-Chex daily. The formatted check data is then submitted for overnight settlement. The check writer is debited and the client is credited. Any items not clearing are sent back to E-Chex as returns.
The E-Chex PC solution is fulling compliant with NACHA regulations. Some of the key features of the E-Chex PC solution include:
- Electronic Check Conversion
- Credit Card processing
- Scheduled payments (Checks and Credit Cards)
- Electronic (Email) receipts
- Historical tracking of customers, projects and products
- Comprehensive reporting
- Import / Export capabilities
- Secure encrypted transactions
- Check Image storage and retrieval
- Compliant with NACHA regulations