It’s Easy to Accept Checks… with TeleCheck®

When a customer brings out a checkbook, you should feel confident in accepting their payment. In the past, check authorization was more of a guessing game than a science and merchants had to choose between the loss of a returned check, or the loss of a sale. You shouldn’t have to turn away business just because the customer wants to write a check. But at the same time, you need to minimize your risks. What are the chances that the check is fraudulent or that the check will be returned due to inadequate funds in the account? How do you educate employees to make that determination?

For over 40 years, TeleCheck has delivered check acceptance solutions that help merchants accelerate cash flow, lower operating expenses and increase sales. No matter what kind of business you operate, TeleCheck can help you expand your customers’ payment options.

TeleCheck Electronic Check Acceptance® (ECA®) Warranty service combines authorization, settlement and collections. The service converts a paper check into an electronic transaction at the point-of-sale (POS). The Automated Clearing House network is used to process the transaction and fund your account generally within two business days. Plus, if a check is returned, TeleCheck manages the entire collections process giving you more time to focus on your customers.

TeleCheck Electronic Check Acceptance Verification service is the industry's most sophisticated check verification system. It allows you to accept checks while reducing bank fees and processing costs. You get your funds sooner using TeleCheck® ECA® Verification service. After the check is scanned, it’s returned to the consumer, helping to protect your customer's personal information. The TeleCheck ECA Verification service screens checks against information from hundreds of thousands of businesses and financial institutions, minimizing your risks.

Your business benefits because you can accept more checks with minimal risk, make fewer trips to the bank, reduce bank fees and processing costs, improve cash flow, streamline back office operations and reduce the risk of lost, stolen or damaged checks.

For more information on how Telecheck can help your business, please call your First Data Independent Sales (FDIS) representative at (800) 616-1899.

Based on your payment processing needs a customized quote is just a phone call away at 1-800-616-1899.  You can also email us at: info@fdis21.com with a brief description of your processing needs and we can come up with the best solution for you.

First Data Independent Sales (FDIS) is a leading provider of secure payment technology and services. So whether your business is brick-and-mortar, on the web, or mobile, FDIS allows you to offer your customers nearly every type of payment option, so you may never turn away a sale.

FDIS uses First Data’s processing engine. First Data makes buying and selling easier. Many of you do business with First Data everyday, although you may not realize it. Whether you're writing a check at the gas station, using your ATM/debit card to pay for groceries, buying a book online, getting cash out of an ATM, paying for dinner with your credit card or using a gift card to purchase something special, chances are your transaction is moved quickly and securely by First Data.

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