Electronic Check Conversion (ECC) with Guarantee is the "no-risk" version of Electronic Check Conversion, transferring all the check risk to BancTech.  Every transaction properly authorized through BancTech is guaranteed in the event it is returned unpaid by the bank.  All the features of ECC are included with the added benefit of funds guarantee.

The process of having the check guaranteed is simple.  The cashier simply enters the driver's license information on the terminal, verifies the physical address and telephone #'s, and the customer signs the authorization receipt.  It's that easy!

Retailers can accept checks with confidence knowing their funds are safe from unexpected returns.  BancTech takes on the risk of authorized transactions and pays the retailer full face value of the check if it is returned.  Electronic Check Conversion w/ Guarantee is the safe way to accept checks - ensuring your cash flow and protecting your bottom line - with the convenience and efficiency of a paperless transaction.

Key Benefits

• All the benefits of ECC coupled with transaction guarantee
• BancTech guarantees the check at full face value
• Clients receive either flat-rate or transaction based pricing, depending on the industry and the check guarantee level