Power Check Software

Power check software is one of those packages that allows you to print electronically collected check and then deposit them. I own software like this and it seemed like a good idea until you find the down side of it. What you must know right up front (and nobody selling power check software or any other check writing software is likely to tell you) is that some banks only accept checks printed with magnetic toner. You'll have to check if your bank will, or you'll be getting a separate laser printer and magnetic toner just to print these checks. The other thing is many bank tellers (especially new ones) have never seen a check with just a printed endorsement, and will not accept them.

Even worse, many of the banks your customers will use simply do not accept checks of this type, and about one in three will be returned to you, just because it's unacceptable. Then you'll have to go through the process all over again of getting them to make payment. You'll often need to purchase check stock as well, as some of the banks who accept them require it be on security stock, if it's just on plain paper they can reject it for that as well. I think this is a huge down side to power check software.

Overall power check software and the others on the market are not a good way to go. You'd be much better off accepting payments through an online service like 2checkout or Paypal which can do electronic checks as well as credit cards. It will save you a lot of time and aggravation. I don't recommend power check software.

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