TeleCheck

TeleCheck® Payment Solutions

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.

With the TeleCheck® warranty service merchants have more flexibility and an increased level of protection. With the warranty service, TeleCheck manages the entire check collections process, helping you streamline operations and giving you more time to focus on your customers.

TeleCheck® Paper Check Acceptance

The TeleCheck® Paper Check Acceptance service allows merchants to use their own point-of-sale terminals to process checks, using TeleCheck’s proprietary risk management tools to minimize returned checks.

Help Your Business

  • Accept paper checks with confidence
  • Approve checks that were once considered to be too risky
  • Process checks quickly and easily
  • Minimize collection costs

Approved checks that are returned will be reimbursed if all warranty requirements have been met

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TeleCheck Electronic Check Acceptance® (ECA®) Warranty

TeleCheck Electronic Check Acceptance® (ECA®) Warranty 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 have TeleCheck manage the collection efforts.

Help Your Business

  • Make fewer trips to the bank
  • Reduce bank fees and processing costs
  • Improve cash flow and operational efficiencies
  • Returned checks are not debited to your account
  • Reduce the risk of lost, stolen or damaged checks

ECA Warranty service requires the use of the FD200 Payment Terminal.

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.

For more information on available Telecheck Products contact Mark Coggins (markw.coggins@firstdata.com) at 803-556-0502