A survey conducted in the United States states that about 75% of Americans do not have a credit card and about 89% of adults have a checking account. The online transaction is impossible for those people who do not have the credit card. But with modern electronic check conversion technique, you can generate checks at your own place and at your convenient time. This technique does not require any credit card. Only a customer checking account and check production software are required.

Now the big question is whether a faxed check is safe or not. The answer is yes.” This technique is safer than any other online payment technique. There is always a risk involved in online transactions as information can be easily hacked. Secondly, people are afraid to provide credit card related personal data to any website.There are many examples of fraud.But if you are making or receiving a payment via fax check software then there is no risk involved in this form of payment.

Traditional manual checks were not as secure as one had to wait for them to arrive and clear. But today many people prefer to pay by check. All you need is check production software, the Internet, a computer, a fax machine, and a printer to produce any check. Checks can be issued the same day. The customer provides information such as company name, company address, amount, check number, account number, and amount to the business owner via fax. Now this information is carefully entered into the system by the entrepreneurs. Finally a print command is given. The generated check is presented to the bank the same day. To print a check, an inkjet or laser printer is used in conjunction with magnetic ink. A special type of common paper is also used to print a check.

The check by fax offers many advantages to the employer such as:

1. Sales of a company’s goods and services increase because an additional form of payment is provided to customers. More number of people can trade with you.

2. A company’s cash flow increases because collections are made more quickly. You don’t have to wait for manual checks to arrive.

3. It is a secure way to make and receive payments. Risk is minimized and benefit is maximized.

4. The client’s signature is not required. Only a verbal authorization from the client is required.

These were some of the benefits of the check by fax.