has installed a new solution for back-office check conversion
to reduce the time and costs associated with processing checks.
Businesses, however, are given an opportunity opt out of the check conversion
process now that it applies to them.
The proposed revisions to the regulation would provide guidance regarding the rights, liabilities, and responsibilities of parties engaged in electronic check conversion
transactions and would provide that payroll card accounts are accounts covered by Regulation E.
Morgan (NYSE: JPM) Treasury Services today launched an enhancement to its Check Print product suite, Network Check Conversion
Yet, a significant number of retailers and billers alike have examined the business case for check conversion
and found it lacking.
A second consumer guide, What You Should Know about Your Checks, discusses more broadly the ways that check payments have changed, including the increased use of electronic check conversion
, a process separate from Check 21.
Solutran will provide CVS Electronic Check Conversion
PUBLICATION OF CONSUMER GUIDE ON ELECTRONIC CHECK CONVERSION
ECHO) have teamed up to offer new grocery check conversion
payment solutions for merchants.
Effective on March 16, 2007, the National Automated Clearinghouse Association's (NACHA) newest rule allows for back-office check conversion
at retail and other business locations.
With the class B certification of Mobilescape, we can now offer the market's only wireless, handheld check conversion
processing technology to our customers," said J.
Bank is prepared to meet the needs of retailers and other customers who wish to take advantage of check electronification opportunities for point-of-sale (POS) payments when NACHA's check conversion
rules change for Back Office Conversion (BOC) on March 16, 2007.