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Check 21
Check 21 Slashes Your Paperwork!
CheckVelocity employs Check 21 Processing to give you fast, accurate and efficient electronic check processing
Check 21 processing refers to a federal law, the Check 21 Act of 2004, that makes it easier for banks to transfer electronic check images instead of physical paper checks. Most consumers now receive electronic check images and/or a list of paid checks, instead of cancelled checks.
Check 21 Processing coordinates with our full suite of payment processing services to save you time and money:
- VerifyNow! – reliable check verification
- PayNow! – online payment processing
- RecoveryNow! – check recovery and check collection
With Check 21 processing, your paperwork is drastically reduced, and you receive returned check alerts faster. You can post online from any location at any time, and electronic images make clerical errors virtually a thing of the past!