Online Electronic Check (OEC) allows online merchants to add electronic check acceptance to their payment options on their website.

Features and Benefits:

  • Expands customer base to include those without credit cards (or those without available limit on their credit cards)
  • Provides customers an additional payment option
  • Provides customers an easy-to-use format (the interface is designed to look like a regular check)
  • Bank routing numbers are verified immediately to insure financial institution exists
  • A receipt is generated and a copy is e-mailed to the check writer
  • Transactions are settled in 48 hours if processed before 12:00 a.m. PST
  • The system automatically debits the consumer’s account and credits the merchant’s account electronically 
  • Merchant is notified if the account numbers are entered incorrectly
  • Merchant is notified if the account has non-sufficient funds (NSF)
  • Merchant does not incur return fees from their bank for NSF checks
  • Attempts are made to collect NSF checks automatically and electronically at no cost to the merchant
  • Merchants have access to complete online reporting
  • Merchants are not required to process a minimum number of checks or a minimum dollar amount of transactions per month
  • CHEXpedite™ OEC encrypts data using SSL encryption technology and transmits data to a secure server for posting