Avoid accepting bad checks with check authorization services from TeleCheck. While many businesses have stopped accepting checks in an effort to avoid fraudulent transactions, this reduces flexibility for genuine customers that still prefer writing checks over using credit and debit cards.
With TeleCheck check authorization services provided by Card Payment Solutions, merchants can scan checks to capture banking information and compare it to system data coupled with a risk assessment to approve or deny a check. If the check is approved, the customer signs a receipt, similar to a credit card transaction. Funds are transferred in 1 -2 business days.