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Take Checks Over the Phone

Any business that can accept checks by phone increases the number of customers it can serve.

Here are the statistics:

1. 150 million Americans have checking accounts, compared to just 35 million with active credit cards.
   
   
2. 94% of Americans have a checking account, but less than 43% have a working credit card (not over limit).
   
   
3. In 2005, over 83 billion checks changed hands.

Checks by Phone is an extraordinary cash-flow service you can provide to any type of business. With this service, any business owner can accept checks from almost every American consumer – any time – over the phone.

Benefits of Checks by Phone

• Immediate payment for goods and services
  
  
• Up to 100% larger market – instantly – for businesses
  
  
• Added convenience for customers
  
  
• Reduced in-house paperwork
  
  
• Increased customer loyalty
  
  
• Costs less than accepting credit cards
  
  
• Collection of past due accounts over the phone
  
  
• Shipment of products faster – no more COD hassles
  
  
• No monthly fees or minimums – the business owner only pays when the service is used

Here’s how Checks by Phone works for businesses:

The process of accepting a customer's check over the phone or fax is as easy as accepting a credit card.

1. The business owner or clerk simply asks the customer for the bank routing and account numbers, which are printed on the bottom of every check.
   
   
2. Your client then forwards this information to you by fax or mail. Using ABS's proprietary software, you produce the paper demand draft (check) for the business owner.
   

You deliver the check(s) to your client for immediate deposit. If the volume of checks is significant, you can offer to deposit them into their bank account as an additional service.

Almost any business can use
Checks by Phone:

Pharmacies Travel agencies Collection agencies Attorneys Day Care Centers Advertising sales Parts suppliers Network marketing companies Plumbers Electricians

Florists Internet service providers Delivery/Courier services Pawn shops Computer service technicians Storage facilities Alumni associations Local charity fundraiser Wrecker/towing services The list is endless...

Our Licensees tell us of new categories of businesses they are signing up on this service almost weekly.

Here’s how Checks by Phone
provides recurring revenue for you.

This additional service costs business owners nothing, so it’s an easy service for them to agree to use. How you get paid is simple. You add a small service charge to each customer’s payment. That fee is entirely yours.

The amount you charge usually depends on the volume of checks to be processed. A small percentage rate of 2% to 5% is typical, or you can charge a flat rate fee of $2-$8 per check (draft). There are no minimums or maximums to be concerned about. You can process 1 or 100,000 transactions for the business owner to deposit the next day.

Request more information and learn more about this exciting service.