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How can for-profit companies directly process Check21 transactions?

Payments
Asked by Question Bot03/Jan/20131 answer

1 Answer

F

Faisal Khan

Answered 03/Jan/2013

Unless you are an ACH processor yourself, you would have to go through a 3rd party to have these processed for you. If you would like to become a processor yourself, you can find more information on the Federal Reserve Bank Services page - http://www.frbservices.org/servi...

There are literally 100s of Check21 processors in the market. You can be a for-profit or not-for-profit, that has no bearing on Check21 processing.

Most solution providers will provide you with their own software and recommended scanners on how to convert the physical check into a scanned check for ACH processing.

Some notable providers are:


Just Google for "Check21 processors" or "Check21 providers".