Text-a-Check™ allows customers, clients, patients, tenants, or debtors to text a check that you can deposit into your bank account the same day, at full face value, with no percentage fees.
Receive payments Bank Verified, or Not-Verified.
Text-a-Check™ is for Merchants.
Dear Mr. Jones,
Please make payment on your expiring auto policy.
The total due is $169.50
You can use this link:
https://textacheck.com/paymentID?79285355
Sincerely,
Trusted Business
SEND THE REQUEST VERIFIED or UN-VERIFIED
Your customer, client, patient, tenant or debtor then installs the app, photographs their check and sends it securely to you using the Text-a-Check™ free app.
Or, if they already have the Text-a-Check™ app, they can just click the link, make out the check, and photograph it to approve the payment.
Once you get the Text-a-Check™ payment, just open up your CheckWriter™ software (or other
application), import the file or batch, and then print your checks for deposit.
[Yes, you will be able to use it with an ACH account to process
as electronic check conversion items, or other brand of check drafting solution. Text-a-Check™ will work
with them all.]
The introductory rate for a merchant account is
Merchant Application Fee: $49
Initial Pre-Paid Deposit: $25
__________________________
NO CHARGE FOR PAYERS / UNLIMITED APP USERS
Additional Fees:
$10 per month flat rate gateway fee (bills to card on file / must clear AVS monthly)
$5 monthly minimum.
*Payment requests sent are $0.25 each (deducted from pre-paid balance).
*Each payment received is free if unverified, or
Optional $2.50 BANK AND BALANCE VERIFIED (deducted from pre-paid
balance).
*Payments sent to merchants without an invitation are free to receive.
No Hidden Fees | App is free for payers to download and use.
You do NOT need CheckWriter™ to use Text-a-Check&trade.
[It is required if you are signing up for the BETA]
Text-a-Check™ will format the payments into a text file that you can download or
retrieve.
You can download this file and then import it into ANY check processing solution, including ACH or another brand of check drafting software.
If you need to order CheckWriter™, a single user version can be purchased for $79, plus $19.99 per month. CheckWriter™ has no transaction fees, it is a flat rate system.
Using another 3rd party system? No problem, you are not required to use CheckWriter™. The Text-a-Check™ system delivers the payment data, but will not process the payment. Just pass the data to your provider.
Yes. If you already use CheckWriter™ or BetterCheck™, you can get Text-a-Check™ without any paperwork requirement. If you are a new customer, you must complete a 1-page KYC / AML form before we can set up the account. This is an AML [Anti-Money Laundering] requirement for all products that are classified as financial services such as Text-a-Check™.
After you place your order, you can expect the account to be set up by the next business day*. You can choose Express Account Setup when you order to expedite the process.
*If you are signing up during the BETA roll out period, your account will be set up before October 31, 2019
UNVERIFIED:
This can be any transaction you
receive from a customer (Payer). Most transactions are likely safe to receive unverified.
Text-a-Check™ will still make sure the routing number is a real routing number. You will receive a SIGNED COPY of the CHECK and the customer, the OCR software and you, the merchant are 3 points of verification on the account number matching.
VERIFIED:
Verification is done by the payer before
they submit the payment to you. After the payer gets the payment request, they are prompted to log in to
a screen through their own bank’s interface.
Once authenticated, the check they text back to you will be fully verified.
Verified – Routing number, account number, and the most important part … if they have the balance available to cover their check.
Text-a-Check™