How Virtual Check for Pharmaceuticals Works
Virtual Check’s payment processing service is a way for high-risk merchants who otherwise do not qualify for ACH to process electronic checks in an efficient manner. After the customer sends payment, the merchant enters this transaction into Virtual Check’s virtual terminal before processing the payment electronically and forwarding it to the bank for depositing. Virtual Check uses its secure check verification system to authenticate the payment. By using Virtual Check to authenticate the payment before processing, the merchant can avoid losses due to nonpayment while also reducing or minimizing banking fees. Apply for a pharmacy merchant account below!