Electronic point-of-sale check processing method and system

Details Electronic point-of-sale check processing method and system Electronic point-of-sale check processing method and system

G - Physics

06

Q

G06Q 20/08 (2012.01)

Patent

CA 2357270

A method and system of improving the efficience of electronic point-of-sale check processing. An electrome payment system infrastructure is positioned at a point- of sale to support a process by which the MICR data from a paper check is converted into a fully electronic ACII transaction and entered into the banking system for a more rapid, and lower cost clearing process.

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