Total Profit Control

Phone Checks

A New Option For Payments

Less than half of the American buying public carries a credit card, and less than half of those who do have a credit card actually use it. Internet and phone transactions traditionally have presented a problem for customers who want to pay by check.

Now with Impact's Electronic Phone Checks, customers can pay by phone, which allows merchants to accept payment for merchandise purchased and for payment on accounts. Any business that accepts checks can enjoy the ease and profitability of Impact's Electronic Phone Checks.

How It Works

Electronic Phone Checks are an extension of Automated Payments. Now merchants' customers can authorize deductions from their bank accounts to pay for goods or services purchased over the telephone. Merchants can now offer a payment option to customers who do not have a credit card.

With Impact's Electronic Phone Checks, accepting a customer's check over the phone or FAX is easy. The merchant asks their customers for the bank routing and account numbers, which are printed at the bottom of every check. The information is then forwarded to Impact's processing center, which "originates" the transaction for deposit into the merchant's account in as little as two banking days.

Benefits

- Immediate payment for goods and services.

- Collection of past due accounts over the phone

- Significantly less expensive than accepting credit cards

- Greater flexibility and options for paying customers

- Reduced In-House Paperwork

- The ability to ship products faster without COD hassles

- Solid customer loyalty

- Increased return on advertising & larger markets instantly

- Easy implementation

>Back to Electronic Payments

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