AUTOMATED SYSTEM AND METHOD FOR POINT-OF-SALE (POS) CHECK PROCESSING

An automated check processing system includes an input device receiving checking account information and a check amount of a check provided for payment in a translation. A transaction database coupled to the input device then electronically receives and stores the checking account information and check amount, which are then downloaded to a power encoder. The power encoder receives checking account information and check amount for transactions occurring over a predetermined transaction period, and then matches the checks with the electronic checking account information and check amounts. A check having a match results in the electronic checking amount being encoded on its face.