AIRCHARGE is now offering a new application that enables users to accept and process checks the same way they wirelessly accept and process credit cards. Now, merchants are able to wirelessly accept checks anywhere on Nextel’s nationwide network with AIRCHECKZ. AIRCHECKZ is the first wireless electronic check conversion and guarantee solution on the market, providing a new and easy way for merchants to accept check payments in the field via Nextel’s Java-enabled handsets.
The process is a simple one. After starting the AIRCHECKZ software program and selecting "process check", the merchant inserts the check into a check reader connected to the Nextel handset.
The customer's identification number, taken from a driver's license or state issued ID card is swiped or entered manually, followed by the check amount. This information is then submitted over the Nextel network to the check conversion company for approval. If approved, the customer signs a written or printed receipt. A copy of this receipt and the original check is returned to the customer and the sale is complete!
If the check conversion company declines the check, the merchant can then request an alternate form of payment, eliminating the possibility of accepting a bad check.
According to Rich Hoffman, VP of AIRCHARGE, “AIRCHECKZ opens yet another door for our customers to accept payments with confidence. Not only does it process the check electronically, saving the merchant trips to the bank, but it also guarantees the approved transactions. An added benefit AIRCHECKZ has to offer is that the same equipment and customer account can be utilized for our AIRCHARGE product. One device gives the customer the functions of both products - credit card acceptance and check processing.”
The payment gateway system for AIRCHARGE and AIRCHECKZ is eProcessingNetwork, LLC. Steve Sotis, President of eProcessingNetwork says, “The ability to perform wireless check processing is the next evolutionary step for wireless payment processing. Together with AIRCHARGE and Nextel, eProcessingNetwork has simplified and lowered the cost of wireless credit card processing, and we have now done the same thing for electronic check conversion.”
Electronic check conversion is currently available only for personal checks; business checks are limited to the check guarantee function only. AIRCHECKZ is based on the same proven AIRCHARGE technology that has saved customers money on wireless credit card transactions for more than three years.
About AIRCHARGE
World Products, Inc./AIRCHARGE® was founded in 1999 and is a privately held company that provides products and value added services to the credit card and check processing marketplace. Currently AIRCHARGE is compatible with all 2003 Top 15 merchant processing providers. AIRCHARGE products are currently deployed for domestic use only.