Point of Purchase Conversion

Point of purchase conversion (POPC), sometimes referred to as a point of purchase check conversion, is when a paper check is changed into an electronic transaction at the point of sale. The customer presents a paper check for payment, and the merchant uses an electronic check reader or imaging device to capture the account and routing numbers.

This data is then sent to the payment processor, which initiates an electronic fund transfer from the customer's to the merchant's account. POPC streamlines the check acceptance process while reducing the need for manual check handling and depositing.

This should not be confused with dynamic currency conversion (DCC), which involves changing one type of currency to another at the point of sale.