Check Representment

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Check Representment

A process in which a check is deposited as many times as is necessary in order for it to clear. That is, if a check does not have sufficient funds in the account to be deposited, the bank continues to deposit it until funds become available and the check finally clears. This allows the recipient of the check to (eventually) receive funds on a check that would otherwise bounce and saves the writer of the check from having to pay an NSF fee.
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At no charge to the merchant, Re$ubmitIt recovers 100 percent of the face value of all items collected by utilizing electronic check re-presentment technology via the Automated Clearinghouse Network (ACH).
net), has been a leading provider of secure electronic check processing, refund and rebate check fulfillment services, NSF check re-presentment, credit card processing, and ACH transfers for national, regional and local businesses through the use of the internet, telephone and wireless.
This innovative solution also automates returned check re-presentment, generates real-time reporting, and supports proactive risk management.
is a privately held company founded in 1984 that has focused on cost-reducing services like Consolidated Returns and electronic check re-presentment (RCK) services for the convenience store and retail gasoline segments.
net), has been a leading provider of secure electronic check processing, refund and rebate check fulfillment services, NSF check re-presentment and ACH transfers for national, regional and local businesses through the use of the internet, telephone and wireless.
This Web-based electronic payment processing system converts paper-based checks into electronic transactions, processes them through the ACH or Check 21 image exchange networks, automates returned check re-presentment, generates real-time reporting, and supports proactive risk management.
This fully integrated, Web-based electronic check processing system converts paper-based checks into electronic checks, processes them through the ACH network or Check 21 image exchange networks, automates returned check re-presentment, generates real-time reporting, and supports proactive risk management.
is a financial payment processor providing check processing solutions including electronic check authorization, electronic check conversion (ECC) and primary and secondary check collection including electronic check re-presentment (RCK) to national, regional and local retailers.
Select Payment's fully integrated, Web-based electronic check processing system converts paper-based checks into electronic checks, processes them through the ACH network commonly used for direct deposit payroll, automates returned check re-presentment, generates real-time reporting, and supports proactive risk management.
Re$ubmitIt utilizes electronic check re-presentment technology via the Automated Clearinghouse Network (ACH), to re-present non-sufficient funds checks (NSF) to a check writer's account for payment.
Businesses collect 100 percent of the face value of NSF checks and electronic items collected through the automated process, which utilizes electronic check re-presentment technology, in compliance with NACHA -- the electronic payments association -- guidelines.
ECHO's services include debit and credit card processing, check guarantee, check verification, check conversion, check re-presentment, and check collection.