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Check Verification Program
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Check Conversion & Verification Program

The Check Verification Program by AMG is almost the exact same as the Check Guarantee Program with one exception. The merchant will still be funded for transactions that are approved and clear the ACH Network. However, transaction that do NOT clear the Network will NOT be guaranteed by AMG. Is it worth the risk? Only you can tell, it's your business.

The procedures are practically the same too. See for yourself.

Step-By-Step

Check Reader  
1. Merchant will swipe check through a check imager or reader and input driver’s license # and amount of sale.
2. If transaction is approved a duplicate receipt will print and customer completes receipt.
3. The check is stamped “ACH Processed” and check along with the receipt are handed back to the consumer.
4. Check Processing Company will fund merchant on transaction in 72 hours.
5. Merchant will not be funded on checks that do not clear the ACH network or are returned.

 

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