The Retail Processing capabilities of Clearingworks Payments allows traditional and Internet-based retailers and other services businesses to more efficiently receive and process all forms of payments, whether they are made in-lane, over the phone, online, or by debit card.

The Web-based solution provides a single payment process for all paper-based and electronic payment channels. What's more, it leverages remote capture capabilities for the point of sale or the back-office. And Clearingworks Payments provides MICR validation and repair on any check-based, Web or telephone transactions. Items requiring manual review and repair can be handled at retail locations, or at central sites using Clearingworks. Once items have been repaired, they are sent to Clearingworks Payments Hub for decisioning and routing.

Why Clearingworks for Retail Processing

• Provides point of purchase, back-office and virtual debit capabilities
• Reduces investment costs by providing a Web-based solution
• Provides operational efficiency through flexible MICR validation and repair
• Lowers maintenance costs with single multi-channel payments platform
• Minimizes risk through check verification services