About Us

ERN Israel ltd is Israel's leading and largest Check Guarantee Company, servicing over 15,000 merchant (customers) and clearing approximately ILS 5 Billion in 2016.
ERN provides her merchant customers a real-time electronic guarantee of check payments by customers.

According to Bank of Israel data, check usage is on the rise in Israel in the last decade  and ERN uses its proprietary check clearing system to allow customer to take advantage of out-of-bank credit lines, which provides the customer with an extra credit line, in addition to credit limits assigned by Israeli banks and credit card companies.

Enabling customers to pay by check also benefits ERN's merchants in numerous ways, including increasing sales turnover, increasing the customer base, and expanding sales to current customers.


ERN was founded in 2001 by Rony Natanzon,

ERN Payment solutions

Since January 2017 ERN is jointly owned by the Natanzon Family and Menora Mivtachim Holdings (one of Israel leading five insurance groups) .

Adding to their core competence in Check Plus, ERN rolled out a new service, "Mimun Plus", in 2014, which offers its merchants a truly hands-off check service. From deposits to financing, "Mimun Plus" merchants simply swipe their checks and ERN takes care of the rest. 

"Ashrai Plus", ERN's newest service debuted in the end of  2016. Entering the Business to Business guarantee arena, ERN is poised to allow businesses a new way to increase their purchasing lines of credit.

The company prides itself as being a great company to work for and is led by CEO Shai Preminger and a management team with a combined experience of over 150 years in the payment processing field. ERN employees approximately 180 people out of its Tel Aviv headquarters.

The marked satisfaction of ERN's customers is reflected in its double-digit growth each year. The company’s customer base includes many of Israel's biggest chain-stores in various sectors, including supermarkets, electronics, apparel, footwear, home design ,furniture ,mechanics, car dealerships and more. ERN also serves thousands of privately-owned businesses and small merchants from all sectors throughout the country.

 

 

 

 

 

 

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