iSmartCheck™ is able to provide you with an efficient method to process electronic payments from your customers.  iSmartCheck™ is a non-ACH method of check processing online.

Instant Purchase Time

eChecks processed on our system are generally accepted in one to three seconds* compared to typical ACH time frames of two to five days.*

(*Subject to underwriting and risk level)

Higher Conversion Rates

Checks are the most viable alternative to cards enabling conversion of declined card transactions or customers without cards.

Higher Approval Rate

eChecks processed on the iSmartCheck™ system offer approval rates averaging over 90%, and with many merchants exceeding over 95%

Ability to Debit More Bank Accounts

iSmartCheck™ can debit every US checking account, even accounts that ACH cannot such as many Credit Unions, S&Ls, small banks, brokerage accounts, business accounts and credit card check accounts. 

Checks offer the number one Form of Payment

Checks continue to be the number one non-cash payment method in the US with the value of checks processed annually over forty trillion dollars. Up to 50% of adults either do not have a credit card or have insufficient available credit on their cards, meaning that as many as 80 Million US adults do not have the ability to buy online at the many websites that only accept credit cards.

Less Regulation

iSmartCheck™ utilizes a Check 21 service, not ACH, therefore transactions are not subject to the myriad of NACHA rules, regulations, fees and fines imposed upon all other eCheck transactions that are ACH.

Lower Chargebacks

Customers cannot automatically reverse a check like they can with credit cards or ACH e-checks.  If a customer has been defrauded, they go to their bank, get a fraud affidavit, sign that the transaction was fraudulent in front of a notary under penalty of felony perjury punishable by up 10 years imprisonment.  The notary has to sign and affix their seal.  The affidavit can then be returned to their bank and then forwarded to the merchant’s bank where the merchant’s bank decides whether or not to refund the money.  This is an “unauthorized return” because the check was unauthorized by the account owner, and is very rare with our solution.  With ACH a customer simply calls their bank to reverse the charge under NACHA rules.