Merchant Card Services

We serve you so you can effectively serve your customers. Whether your business is in retail, restaurant, or lodging, , Monarch Bank and Heartland Payment Services (HPS) can offer you point-of-sale (POS) products to enhance your business needs. Monarch Bank has partnered with HPS to provide you with payment-processing solutions that enable you to accept virtually any type of payment. Whatever the option, wherever the need, we can provide you with the technology needed to stay competitive.

Convenient services available to you:

• Next day business funding
• Acceptance of all major credit cards, plus debit and check cards
• Electronic Check Solutions
• Wireless Payment Processing Solutions
• PC-Based Processing Solutions
• Internet/E-Commerce Processing Solutions
• Reporting Solutions
• Fully redundant, fast and reliable network - 100% uptime
• 24-hour, 365-day customer service and help desk support, as well as LOCAL support
• Low equipment pricing with leasing options including the latest in POS terminals and printers, wireless POS terminals, and PC-based Point of sale systems
• Timely chargeback retrieval service

Credit and Debit Cards

Point-of-sale (POS) programs combine a broad range of credit payment choices with built-in business tools that make managing payments a breeze.

Electronic Check Service

HPS provides the conversion of paper checks at the point-of-sale into safe and efficient "electronic checks". By submitting checks through the same system that authorizes credit and debit cards, you can dramatically reduce deposit expense and improve cash flow. HPS's Electronic Check Service is simple to use and easy for customers to understand. It supports real-time and batch conversion methods, for point-of-purchase, and accounts receivable conversion processing environments.

• Point-of-Purchase (POP) Conversion This process occurs in a check present/consumer present environment. The check is passed through the POS system for conversion and is approved or declined, with the voided check handed back to the customer. Settlement occurs electronically, with funds deposited to the business' account, usually within 24-48 hours.
• Accounts Receivable Conversion (ARC) ARC is used for check present/consumer absent transactions, which are typical of receivable payments, mail-order purchases and companies that operate in a drop-box environment. These businesses want the efficiency of electronic processing to reduce costs and improve the timeliness of deposits. Customers are provided a notice explaining that checks will be processed electronically.

Check payments will be processed in a matter of seconds with the electronic conversion option. The conversion to electronic checks means you'll have more time to concentrate on your business or other needs.

See a Monarch Bank representative for details on these and other account solutions.