Processing check payments through the phone offers benefits not only to your clients, but also to you as a business owner. Here are some of them:
Lower transaction cost. You cannot implement credit card charging without paying a third party to process it. Companies that make various systems of payments feasible for different enterprises are called merchant
merchant services agent program account providers. Of course their services are not free. Depending on the provider, they can charge back fees that are deducted in every processed transaction or are collected periodically.
The fees charged to make check processing more convenient are cheaper than in credit cards, with some enterprises claiming that the charges are 50% cheaper.
Avoid queuing in the bank. One of the reasons businesses do not accept checks for purchases is the annoying process that comes with it. In general, it requires them to join the long lines in the bank just to have them cleared and verified. This is not only annoying, but impractical, especially for small businesses.