Electronic Checks

Accept checks safely and securely from your customers. Greenwise Bankcard offers the TeleCheck® Electronic Check Acceptance® solution to give you peace of mind. This program is designed to make accepting checks easier!

Did you know?

• One out of every three consumers has already experienced electronic check at the POS.
• Checks do not have Credit Limits.
• Check writers have high average tickets.
• Checks rarely get stolen.
• 90% of Shoppers have a checking account.

TeleCheck Electronic Check Acceptance®
The World’s Leading Provider of Paper and Electronic Check Services

• Supported in over 210,000 Merchant Locations.
• $112 Billion in Checks Authorized.
• 2.2 Billion Check Transactions.

What is Electronic Check Services? It is a means of converting paper checks into an electronic payment. With the TeleCheck® Paper Check Acceptance service, merchants can have confidence in knowing whether a check will be returned or not, making merchants decision to accept or deny a check much easier. TeleCheck® uses a risk scoring system as verification so merchants can decide in seconds if they should accept the check. Gain more competitive edge when accepting checks by treating them like credit cards.

Merchant Benefits

• No setup fee or statement fee.
• No transaction fee or check minimum.
• Fast deposit and available of funds.
• Electronic funding on checks just like credit cards = eliminates returned checks and returned check fees.
• Electronic closing reduces time spent reconciling and preparing deposits = greater productivity.
• Eliminating the need to deposit checks in the bank = reduced trips to the bank.
• Eliminating bank charges associated with accepting checks = lower net cost of checks.

To learn more about our electronic check acceptance solution please call us at (877)-901-0001 or send email to info@greenwisebankcard.com.