Appstar Financial ! Leading In Electronic Payment

1. Appstar Financial(Check – Reader)

2. How Do Check Readers Work? A check has been an accepted method of payment for several years now. The process of being paid with a paper check could take a long time. Check readers for business can now make that process much faster. Check readers use high speed scanners to import an image of the check into normal accounting software. The check is then processed electronically. The funds may even be deposited to the merchants account as early as the next business day.

3. What Are the Advantages To Using A Check Reader? The most obvious advantage of using a check reader is that it is much faster than using a traditional paper check. If a scanner is used, the check can be entered into the system very quickly. Once the check is entered, the electronic processing is much faster than waiting for a paper check to clear the system. Although a check reader scans paper checks, merchants are not limited scanning. The same systems will allow merchants to enter the routing number, account number, and the amount of the payment without having a physical check to scan. This will allow merchants to accept checks over the telephone.

4. How Do Check Readers For Business Benefit Merchants? The advantages of faster processing times have already been explained. Merchants do not have to wait as long to get their funds from transactions. The checks are scanned into the system electronically. The electronic copies of the check never leave the computer once they are scanned. Merchants are able to go back and look at checks from previous transactions in house for as long as they save them within their system. Merchants lose less transactions because customers always have a way to pay. It does not matter if they have run out of checks or not, as long as they have valid account numbers and routing numbers

5. How Do Check Readers Benefit Customers? Check readers also benefit customers. Customers are always happier with faster transaction times. Those faster transactions mean customers move through the system quicker. This can mean shorter lines and more satisfied customers. Customers also enjoy the ability to be flexible with their payment methods. As long as they have routing and account numbers, they can call from home to make payments. Some businesses even save the routing and account information so that the customer can make payments without needing to bring payment information with them.

6. Why Should You Use A Check Reader? Check readers can help your business with speedier transactions, happier customers, and better document retention. Make the move to a check reader and find out exactly how your business will benefit.