Telecheck

A WWWorld of Opportunity

Today, Americans are increasingly reaching for their keyboards instead of their car keys when it's time to shop. Last year Americans spent more than $130 Billion for goods and services sold on the internet, and are expected to spend even more this year. Although this figure may seem impressive, it actually represents less than five percent of the entire $2.7 trillion US retail economy. A vast potential remains for e-commerce revenue growth. TeleCheck stands ready to help you tap into this unprecedented opportunity for you business.

TeleCheck Expands Your Business

TeleCheck has increased its services with the TeleCheck Internet Check Acceptance (ICA) service which makes accepting checks over the Internet as sage and easy as accepting credit cards. All processing is done electronically, which accelerates cash flow, reduces fulfillment time and turns a check-in-the-mail order into a real sale. Many consumers prefer to pay with checks as they go. The demographics of Internet shoppers are broadening and by offering Internet checks, you give your customers a simple, convenient choice.

A Simple, Secure Payment Option

The ICA services is a safe, secure and easy process that guarantees authorized checks over the Internet.

Here's How it works:

• A consumer places an order on your web site and chooses to pay by check.
• The consumer completes the online payment form including checking account information.
• the encrypted payment data is securely transmitted to TeleCheck where it is validated and authorized, and an approval is returned in seconds.
• A real time response from your site is sent to the consumer completing the transaction.
• The consumer's checking account is debited and the funds are deposited into your bank account electronically via Automated Clearing House (ACH) network, usually within two business days.

The process is backed by the TeleCheck Check Guarantee service that guarantees all approved transactions up to their full face value-even if a check is returned unpaid. Let the ICA service eliminate the risk, hassle and costs associated with returned items.

Rely on the industry leader

TeleCheck pioneered the conversion of paper checks to electronic items at the retail point of sale with the TeleCheck Electronic Check Acceptance service. Now we bring our reputation and expertise in electronic funds processing to the Internet. As the recognized leader for nearly 40 years, TelecCheck has built the largest and most sophisticated authorization systems in the check acceptance industry. These systems, along with our negative and positive databases which contain historical information on nearly 250 million check writers, can predict with unmatched accuracy whether or not a check will be good. Our state-of-the-art telecommunications capabilities ensure fast and secure transactions.

Telecheck. The Check Experts™

For more information on how the TeleCheck Internet Check Acceptance service can help you business grow contact your Merchant Services LTD sales representative today at 1.800.644.4603