VIEW RANKINGS FOR BEST COMPANIES BY PRACTICE AREA:
Services
- Credit Card Processing
- High Risk Processing
- Merchant Cash Advance
- CBD Processing
- Small Business Loans
- Retail Processing
- Mobile Processing
- Check Processing
- ACH Processing
- Merchant Services
- Multi-Currency Processing
- Online Credit Card Proces...
- Credit Card Surcharging
- Alternative Check Process...
- Cash Discount
- Tablet PoS
- Point of Sale Systems
- ISO Agent Programs
- Equipment Leasing
- Chargeback Prevention
- Flat Rate Credit Card Pro...
- Merchant Processing
- Acquiring Banks
- ATM Machines
- More Categories
Our Selection Process For
Best Alternative Check Processing Services
Best Alternative Check Processing Services
Our Selection Process For
Best Alternative Check Processing Services
Best Alternative Check Processing Services
Best
Top 10 Alternative Check Processing Companies
|
Rank |
Company Name |
Year |
Revenue |
Fulltime |
Active |
Client |
Pricing |
Major Clients |
Other Core |
Competitive Rates 
|
Reliability
|
Efficiency
|
Variance
|
Customer Support
|
Overall Score 0100GVGE |
Change in Rank |
Key Facts For Electronic Transfer, Inc
-
- Major Clients:
- Star-News, The Press-Telegram, The Wichita...
-
- Year Founded:
- 1989
-
- Fulltime Employees:
- 57
-
- Active Clients:
- 3000+
-
- Revenue:
- 23.1M
-
- Client Retention Rate:
- 96
-
- Pricing:
- L
-
- Website:
- www.electronictransfer.com
Key Facts For Credit Card Processing Sp...
-
- Major Clients:
- Main Street Technologies, Advance Auto Par...
-
- Year Founded:
- 2010
-
- Fulltime Employees:
- 30
-
- Active Clients:
- 1,000+
-
- Revenue:
- $250,000 - $1 million
-
- Client Retention Rate:
- 98
-
- Pricing:
- M
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Key Facts For MBNCARD, Inc.
-
- Major Clients:
- Confidential., Love Us, The Brow Spa, Whal...
-
- Year Founded:
- 1991
-
- Fulltime Employees:
- 20
-
- Active Clients:
- 10,500+
-
- Revenue:
- $1 million
-
- Client Retention Rate:
- 96
-
- Pricing:
- L
-
- Website:
- merchantsbancard.com
Key Facts For Seamless Chex
-
- Major Clients:
- Available upon request.
-
- Year Founded:
- 2012
-
- Fulltime Employees:
- 30
-
- Active Clients:
- 2500+
-
- Revenue:
- +$10 million
-
- Client Retention Rate:
- 97
-
- Pricing:
- M
-
- Website:
- seamlesschex.com
Key Facts For Central Bank
-
- Major Clients:
- Confidential
-
- Year Founded:
- 2015
-
- Fulltime Employees:
- 100 - 250
-
- Active Clients:
- 20+
-
- Revenue:
- $10 million - $50 million
-
- Client Retention Rate:
- 86
-
- Pricing:
- M
-
- Website:
- www.centralbankutah.com
Key Facts For Prolific Business
-
- Major Clients:
- ELFA, Precision Payroll, WD
-
- Year Founded:
- 2005
-
- Fulltime Employees:
- 1 - 10
-
- Active Clients:
- 300+
-
- Revenue:
- Est. $1 million
-
- Client Retention Rate:
- 93
-
- Pricing:
- H
-
- Website:
- www.myprolific.com
Key Facts For Leap Payments, Inc.
-
- Major Clients:
- Best Western Hotels, H&R Block, Buy Direct...
-
- Year Founded:
- 2005
-
- Fulltime Employees:
- 10 - 50
-
- Active Clients:
- 2,500+
-
- Revenue:
- $1 million - $5 million
-
- Client Retention Rate:
- 99
-
- Pricing:
- L
-
- Website:
- www.leappayments.com
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Key Facts For Piracle
-
- Major Clients:
- KC Companies, Woodbine Development Corp.,...
-
- Year Founded:
- 1991
-
- Fulltime Employees:
- 27
-
- Active Clients:
- 53
-
- Revenue:
- $4.4 Million
-
- Client Retention Rate:
- 89
-
- Pricing:
- L
-
- Website:
- www.piracle.com
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Key Facts For MersaTech
-
- Major Clients:
- Confidential.
-
- Year Founded:
- 2003
-
- Fulltime Employees:
- 100 - 250
-
- Active Clients:
- 10,000 plus
-
- Revenue:
- $10 million - $50 million
-
- Client Retention Rate:
- 98
-
- Pricing:
- L
-
- Website:
- www.mersatech.com
Key Facts For BankCard USA
-
- Major Clients:
- Coastal Dermatology, Supertone Hearing, Lu...
-
- Year Founded:
- 1998
-
- Fulltime Employees:
- 44
-
- Active Clients:
- 20,000+
-
- Revenue:
- 30-50M
-
- Client Retention Rate:
- 96
-
- Pricing:
- L
-
- Website:
- www.bankcardusa.com
Evaluation Criteria:
Competitive Rates
For companies offering check processing services we spend time analyzing the different rates offered to merchants based on the number of checks the accept on a monthly basis, the sum of the checks received in value, and the average value of the checks being received. It is important for merchants to select a payment processor which provides them a competitive rate based on their individual needs and requirements.
Reliability
For many businesses it is important to know that their payment processor is reliable. Reliability is measured based on a processor’s historical performance in ensuring check payments are accepted and processed in a fair amount of time. If a payment processor has a pattern of losing payments or does not have a process in place to ensure every check is being handled properly, it can cause problems for their merchants.
Efficiency
Another crucial area of our analysis delves into the efficiency of the internal processes for accepting and processing check payments. We delve into the strategies which check processing companies use in order to accept checks on behalf of their merchants and process the payments in a reasonable amount of time. It is important for these processes to be efficient to reduce the amount of human intervention required.
Variance
During our analysis we also ensure the companies offering the check processing services have a number of different packages and arrangements for their merchants to ensure the solution they provide is best fit for their merchants. Having a variety of offerings for merchants as well as additional services can ensure that merchants will be able to adequately accept payments from their customers when conducting business.
Customer Support
The customer support component of our analysis focuses on the professionals involved in assisting merchants in accepting their payments or resolving issues with the payment process. It is important for payment processors to invest in quality customer support in order to ensure that issues are being addressed in the most appropriate manner and to promote a positive channel of communication with their merchants.
