Pricing Information	Industry Standard	FDIS RATES
TeleCheck® Discount Rate	1.85% +	1.59%*
Transaction Fee	.35 - .50 ¢ Each	.25 ¢ Each
FD-200 Terminal & Printer	$699+	$599
Monthly Customer Service Fee	$12.00 - $20.00	$5.00
*The discount rate varies depending upon the type of business you are in.  Please call (888) 760-1700 to find out what the discount rate is for your business type.  In addition, *There is a monthly minimum of $25 total discount rate charged.  It is only charged if you do not  meet the monthly minimum required.  Example, you sell $1,400 in a month.  $1,400 x 1.69% = $23.66.  The credit card processing company will charge you $1.34 to meet the monthly minimum.
Call (888) 760-1700 to get setup
This Pricing is for Check Guarantee Only.

TeleCheck Check Guarantee and Electronic Check Acceptance^® (ECA^®)

Having TeleCheck check guarantee and Electronic Check Acceptance means you never have to worry about bad check writers again. TeleCheck guarantees the full amount of any check it approves, as long as all of TeleCheck's easy requirements have been followed at the point of sale. Businesses that use the TeleCheck check guarantee service can accept low numbered, out of town, and even out of state checks with confidence that they will be paid for the amount of any check that TeleCheck has approved. TeleCheck reduces merchants' risks when they accept checks, while providing an easy, hassle free payment option.

With the TeleCheck check guarantee service you can increase your business's profitability. Merchant's who use the TeleCheck service don't have to waste any of their valuable time or money chasing bad check writers. In addition, merchants will avoid costly returned check fees. It pays to have the peace of mind of knowing that when TeleCheck approves your customer's check you know it will be good, because TeleCheck guarantees it.

TeleCheck's Electronic Check Acceptance is also known as ECA^® and includes check guarantee. This service converts paper checks into electronic payments at the point of sale and deposits funds directly into your bank account within two banking days. The process to accept checks is as quick, safe, and easy as accepting credit cards. It is actually designed to be similar to the process of accepting credit cards by depositing your money into your bank account automatically. With ECA you will save both time and money by not having to make daily trips to the bank to make check deposits.

How Electronic Check Acceptance with Check Guarantee Works

Once your customer presents you a check, you authorize it through either TeleCheck's FD-200 credit card machine or the First Data ^® Global AIO credit card machine. You then give your customer a printed receipt for their signature and hand them their check back after it has been voided. The signature allows TeleCheck to electronically present the transaction to the check writer's bank for settlement and that money is automatically deposited into your bank account within two business days. You don't have to worry about a bounced check or returned check fees because it is now TeleCheck's responsibility.

Merchant Benefits of TeleCheck Check Guarantee and Electronic Check Acceptance

• The ability to accept out of state and out of town checks with confidence
• Accepting more checks equals more sales
• Monthly itemized statements, with fees debited via automated clearing house (ACH) from the merchant's direct deposit account (DDA)
• Only one terminal is necessary for credit card processing transactions and debit card processing transactions and check guarantee authorization
• Improves cash flow
• Eliminates or reduces returned checks and fees
• Electronic closing reduces the time spent on preparing and reconciling deposits
• Reduces trips to the bank for check deposits
• Eliminates bank charges associated with accepting checks
• Provides and advanced terminal solution, which improves checkout time
• ECA^® service includes check guarantee
• The merchant never experiences or sees the returned item

Consumer Benefits

• Maintains the same float as paper checks
• Reduces the risk of personal information being obtained and used fraudulently
• Provides consumers with a complete record of a transaction on their bank statements
• Promotes greater acceptance of payment by check

Warranty Requirements

• U.S., Canadian, Puerto Rican or U.S. Virgin Island financial institutions only.
• Check writers name must be imprinted on the check
• Physical address must be included (no P.O. boxes)
• Home or work telephone number must be included
• Check date must match the authorization date
• Merchant must obtain an authorization, which must be written on the check
• Pre or post dated checks are unacceptable
• First party checks only
• Check writers signature must be included
• Subscriber number must be included
• Check amount indicated on check must match authorized amount

*Please see the merchant agreement for full requirements.

Exceptions

ECA transactions are not available for the following types of checks, but merchants may still authorize the check via TeleCheck's check guarantee service:

• Business or company checks
• Non face to face and mail order/telephone order (MOTO) checks
• Checks $20,000 and over

Who Is TeleCheck?

(Source: TeleCheck’s website) TeleCheck is the world's leading provider of payer and electronic check acceptance services. TeleCheck has more than 342,000 merchant account locations, processed $171 billion in checks in 2001.

TeleCheck has created the largest positive and negative databases which are online and continuously updated to provide the most accurate check writer information available from financial institutions and merchant account locations throughout the world. This allows TeleCheck to have the highest check acceptance approval rate in the industry.

TeleCheck^® Audio Response Unit (ARU)

ARU is included in the check guarantee, Electronic Check Acceptance (ECA^®), and BasX service. Merchants call a telephone number, enter the requested information per the prompts and receive a real-time response without the merchant having to speak with an operator. If the merchant has check guarantee or ECA, the merchant will receive an authorization number or decline. Approved (positive database) or code 4 (negative database) would be the responses if the merchant is set up with BasX.

FD-200 Credit Card Machine

The FD-200 credit card machine transforms a multi payment option nightmare into a merchant's dream. The FD-200 credit card terminal eliminates the need for different terminals to authorize and process credit card transactions, check transactions, and debit card transactions.

FD-200 Credit Card Machine Benefits

• Supports ECA, check guarantee, credit card processing, and atm/debit card processing (with a pinpad)
• Voids ECA checks and endorses paper checks
• Has a built in check reader
• Uses a 14.4 modem, which provides fast connection for authorization and downloads
• Provides full imaging that uses plain paper
• Has a touch screen with user friendly prompts
• Has full reporting capabilities on all payment types including totals and details
• Stores up to 500 check and 300 credit card transactions
• Credit card machine has an integrated terminal and printer
• Has 3 serial ports
• 12 month warranty

* All equipment offers are being made by Instamerchant, LLC. Restrictions apply. Call for details.