Solupay and ECHO to Offer New Electronic Check Conversion Payment Solution

Electronic Clearing House, Inc., announced that Solupay and Electronic Clearing House, Inc. (ECHO) have teamed up to offer new grocery check conversion payment solutions for merchants.

Grocery store chains that use the IBM ACE POS system, such as Seattle-based Saar’s, now enjoy greater payment choices with the Solupay Processing Systems integration of electronic check conversion services provided by ECHO. Solupay’s first IBM Ace installation links Saar’s POS system to ECHO’s electronic check conversion payment gateway.

"ECHO is pleased to partner with a great organization like Solupay to provide an integrated payment solution for Saar’s electronic check processing. Our relationship with Solupay affirms our strategy of choosing technology partners who can effectively promote payment solutions into our target markets," explained Chuck Harris, ECHO President and Chief Operating Officer. "Solupay has been instrumental in the adoption of our payment solutions by supermarkets, convenience stores, and retail businesses nationwide, linking our payment options for these industries using a wider variety of POS software applications."

Kelley Hunter, Director of Store Support at Saar’s, explains their choice of the Solupay/ECHO team with conviction: "We chose the Solupay/ECHO team because of their abilities to integrate our IBM ACE POS system, their excellent positive and negative check database, and their ability to collect those few returned items. We estimate a six figure savings in annualized check losses, store labor, and bank fees. We would recommend their services to any merchant that wants to streamline their check acceptance procedures and reduce the costs of accepting paper checks."

"Together Solupay and Saar’s determined their per-check expense was one of their most expensive payment types," according to Tom Behringer, Managing Partner at Solupay. "After the installation of the ECC product, Saar’s is now accepting ECC as one of its lowest cost forms of payment, while expediting the check-out lane for better customer service. Moving from paper to electronic check acceptance was the key."

ECHO and Solupay have partnered together for over two years and are in the process of integrating additional solutions for mutual clients.