What Is A Check By Phone?
- Posted by admin on April 28th, 2008 filed in Business, Check Services, Check Software, Demand Draft, Merchant Accounts
Setting up your business to offer check by phone as a payment option for your customers is much easier than you may think. All you really need is a checking account and a way to deposit their information and payment into that account. Don’t let anyone tell you that you cannot process checks on your own, because you can. You do not have to have a merchant account, go through any set up time, or submit yourself to a credit check.
Here is how it works. You get yourself a business checking account, which you should already have anyway if you are running a legitimate business. Next, you need to get yourself some software that will allow you to enter your customer’s information and print off their checks for them. Whenever you take a phone order, you simply request your customer’s checking information such as routing number, account number, and check number. You will also need their bank name and location. Finally, you verify the amount with them, and enter all of the information into your software to print the check. Deposit it into your bank, and you’re done! It is really that simple.
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