Check Processing Solutions For
Merchants
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For nearly 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.
For nearly 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®) Verification service gives merchants an efficient option for accepting and processing checks at the point-of-sale. This service is ideal for merchants who want to implement an electronic check service to avoid traditional bank fees and manage their own collection efforts.
How It Works
After a customer gives you a paper check, TeleCheck uses leading risk assessment technology and extensive check writer negative and activity databases to evaluate the risk of accepting a check. If the check meets the verification requirements, the TeleCheck ECA Verification service converts the paper check into an electronic transaction at the point-of-sale. The Automated Clearing House (ACH) network is used to process the transaction and funds are deposited directly into your bank account generally in two business days.
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