As a customer service convenience, TeleCheck® is a must have service for merchants that need to keep up with their competition. Each year more and more consumers are moving away from cash payments to paying by check, credit card, debit card, and other similar payments. Many merchants don't want the added risk of wondering whether each check they accept is going to clear the bank. TeleCheck® helps remove this risk. Anytime a merchant follows TeleCheck's® requirements and obtains an approval, then the full amount of the check is guaranteed!
No more wondering which checks are risky or which ones you should accept. All you have to do is obtain an approval and follow the guidelines and you know you will get paid. No more wasting time and money chasing down bad check writers. You can even accept out of state and low numbered checks once they are approved.
TeleCheck® services have been in business for over 40-years. They have developed complex systems that help to identify bad check writers at the point-of-sale. In addition, TeleCheck® has the nation's largest database that is continually updated to recognize bad check writers.
Another benefit of TeleCheck® is Electronic Check Acceptance® (ECA®), which allows merchants to convert checks at the point-of-sale into electronic transactions. The FD200® terminal prints out a receipt for the customer to sign and the check is electronically deposited into your checking account. Saves merchants time and money and does away with making daily check deposits at the bank. Instamerchant also lets you accept checks online using TeleCheck® Internet Acceptance Service.
TeleCheck's® services help well over 300,000 merchants reduce their risk and make their businesses more profitable. Several years ago TeleCheck® processed just under $200 billion in checks through more than 300,000 merchant account locations. TeleCheck® is the industry leader when it comes to Check Guarantee and Electronic Check Acceptance (ECA®)! (Statistics are found at TeleCheck's® website).
Use TeleCheck® for accepting and processing checks quickly and easily, and start making more money... please call 888-760-1700for more information.