Typical online payment Issues facing Fundraising Organizations:
The e-ValuCheck for Immediate Online Donation addresses many of the issues, costs and labor intensive efforts currently used to accept donation payments. It also provides a private and convenient way for members to pay with their preferred payment method the paper check.

    e-merchants and Fund Raising Organizations accept credit cards as the payment mechanism for 98% of their online consumer purchases and donations
    Only 25% of brick and mortar merchant transactions and far less in person donations are made by credit card
    The credit card was not created for the online "cardholder not present" type of transaction
    Charge backs: credit card = 180 days; ACH = 60 days; e-ValuCheck = 0
    Administrative return processing for ACH transactions is manual, costly and difficult to correct
    The total cost of processing credit card and ACH payments is expensive compared to e-ValuCheck.

How e-ValuCheck Secure Payment Processing Works:
    The bank provides the ultimate electronic lockbox system for paper checks
    The organization never sees, handles or deposits a single paper check with e-ValuCheck
    For the organization, e-ValuCheck payments are electronic items that post to the A/R system in an automatic mode
    For the donor or customer, e-ValuCheck payments are paper checks that will be returned with all other checks they wrote during the month, as proof of payment or donation
    For the organization's bank, the fully encoded e-ValuCheck paper checks are available for immediate deposit to the organization's account
    The cancelled check becomes the receipt rather than a line item description on a credit card or checking account statement, as is the case with credit card payments and ACH
    There is no interchange or discount rate on these payment for the organization to pay
    Eliminates the need for taking checks at a lock box location, via the e-ValuCheck / NetDeposit process for in person payments
    Reduces the cost of payment processing for all payments and donations accepted online

Ease of Use and Cost Savings:
    The organization simply provides a hyperlink to the e-ValuCheck Web server
    The link can be easily integrated to online systems
    Authorization is as quick and easy as a credit card approval process
    The interface is a similar format to that for credit card processing
    The cost is a per transaction service fee that is charged by the organization's bank, there is no upfront charge or investment required
    This fee is charged only as each transaction is processed

FACT:
American consumers wrote more than 42 billion checks in 2001 and the number of consumer checks written is far greater than any other form of payment. The average American consumer writes checks on a daily basis for a substantial portion of their brick and mortar purchases - a fact particularly true for certain rapidly growing demographic segments

Standard Links
e-ValuCheck Products	e-ValuCheck Benefits	Why Paper Checks	e-ValuCheck vs. ACH	Contact Us

See demonstration of "e-ValuCheck for Immediate Check Out"