TeleCheck is the world's leading provider of paper and electronic cheque services, helping more than 375,000 retail, financial institution, grocery and other industry clients to increase their profitability, reduce risk and streamline operations. 10,000 of these merchant sites are located in Australia and New Zealand.

In 2002, TeleCheck authorised over $183 billion in cheques and processed nearly 3.6 billion cheque inquiries. According to The Nilson Report (June 2003) TeleCheck enjoys a 41% market share of all cheques guaranteed at the point of sale in the United States, making it 1st in the industry.

TeleCheck Australia and New Zealand have been established since 1983 with a national office in Sydney and Auckland.

The benefits of using the TeleCheck^® cheque guarantee service include:

• Secured funds the day the cheque is banked
• Reduced administration costs
• Elimination of bad and doubtful cheque debt
• Elimination of debt recovery
• Secure cash flow
• Increased profitability
• Total payment solution for your customers

TeleCheck is a subsidiary of First Data Corporation. As a worldwide leader in electronic commerce and payment services, First Data provides credit, debit, smart card and stored-value card issuing and merchant transaction processing services; Internet commerce solutions; and cheque processing and verification services to financial institutions in over 40 countries on six continents.

With corporate headquarters in Denver, Colorado (USA) and international operations based in Paris, France, First Data employs 29,000 people worldwide, in offices throughout Europe, Asia Pacific, Africa, Latin America and North America.

For more information, please visit the company's Web site at www.firstdata.com.

Copyright notice © 2007 Telecheck Payment Systems Limited. All rights reserved.