What Is Check By Phone

Business.

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Article Start. - article url. Check by Phone. It' s also about getting paid. When you have been in business for a while, you know that success isn' t just about winning jobs or selling products. And the sooner the better.

Check by phone provides you with: Immediate payment for goods& services. Up to 100% larger marker - instantly. Reduced in - house paperwork. Increased return on advertising. Solid customer loyalty. Lower credit card costs. Collection of past due accounts over the phone. Ship products faster - no more COD hassles. Easy implementation. - check by phone offers credit card convenience for check customers. What is check by phone? Your customer authorizes you to debit his/ her checking or savings account as a means of payment for your goods or services. Check by phone is an extension of the pre - authorized payment system used by insurance and mortgage companies since the 1970s. Once you have authorization from the customer, you are in control of being paid. The check by phone amount moves from your customer' s checking or savings account into your business checking account within 48 hours!

Using the banking information provided by your customer, you simply enter the information on an Internet based software program to collect check by phone sales. - increase your market& your profits. And half of those businesses that do can' t use them. Less than half of the American public owns a credit card - even fewer businesses. You are probably already accepting checks from these customers. Any business that accepts checks can enjoy the ease and profitability of check by phone services.

Why not take advantage of the convenience and financial benefits of accepting checks over the phone, fax or Internet as they would a credit card. Mail order/ catalog sales. Travel agents. Collection agencies. Advertising sales. Parts suppliers. Network marketing companies. Utility companies. Television shopping networks. Charity fund raisers. Florists. Pharmacies. Internet service providers. Delivery services. - how does it work? Ask your customer for the bank routing and account numbers which are printed at the bottom of every check. Accepting your customer' s check by phone, Internet, fax, or email can be as easy as accepting a credit card. You enter this information using Internet based software to collect your funds within 48 hours. What does check by phone cost?

It is as simple as that! - this depends on the volume of checks to be processed monthly. Now you can offer credit card convenience to checking account customers by allowing them to pay by check right over the phone, and save the hefty percentage you are paying on credit card customers. A very inexpensive amount is typical which will almost always be less than the cost of accepting credit cards. If you have customers who order over the phone, check by phone can increase your sales potential by 100 million customers in the U. Article End