Understanding the differences between e checks & paper checks

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UNDERSTANDING THE DIFFERENCES BETWEEN E-CHECKS
PAPER CHECKS
www.onlinecheck.com
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Customers make payment in three manners

• Credit card Debit Card
• Money
• Paper check

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What is a Paper Check?
The money is drawn straight from the checking
account, and the most customer perceives a check
to be the safer payment method as compared to the
cash.
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What is an Electronic or E-check?
An electronic check comes with a tracking number
or ID same as a paper check. Both, the payer and
the payee can keep track of the payment.
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Lets figure out the major differences between a
Paper Check and an E-check
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Total Costs

• E-check is a cheaper mode of payment. In addition
  to this, the e-check system provides more
  security to its users.

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Utilization rate

• E-checks have more compelling and financially
  efficient features.

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Human and Machine made errors

• If efficiency and accuracy are your priority,
  e-check is the best mode of making and receiving
  payments.

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Data

• The information about the payment, payee, and
  payer is limited on the paper check. And most
  importantly when you lost the paper check you
  lose the data.

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For more information visit Merchant Advisors
Apply today _at_Onlinecheck.com
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GET IN TOUCH
E-mail
Address
Phone
9-5 Novelty Lane Suite B Essex, Ct 06426
info_at_merchantadvisors.com
[phone]
Social _at_onlinecheck