Accepting cheques can mean risk. That's why the need for a reliable, cost-effective way to reduce the risk of accepting cheques is greater than ever before and why so many businesses are turning to TeleCheck.

Using the TeleCheck^® service makes cheque payments safe. The TeleCheck cheque guarantee service guarantees the full face value of the cheque should it dishonour* after being processed through the TeleCheck positive and negative databases.

WebCheque^TM, the TeleCheck web based cheque guarantee solution, allows you to electronically guarantee cheques utilising the infrastructure of the world wide web.

Requiring only standard Internet connection, the WebCheque service allows you to enter the details required to guarantee a cheque into a secured web site. The authorisation is then returned in real time. There is no need for a terminal, to phone into an IVR system or speak to an operator.

While suitable for all customers the TeleCheck WebCheque service is especially useful for telephone and mail order transactions.

Benefits of the WebCheque service include:

• Customer history for each individual location can be tracked and used for repeated sales
• Complete cheque guarantee history available to assist with reporting
• No need to keep customers on hold while phoning for a cheque guarantee
• Staff members no longer required to record cheque presenter's details on reverse of cheque reduces likelihood of details being missed
• Ease of use - user friendly layout of on-screen forms
• Real time response of cheque guarantee

*TeleCheck will guarantee a cheque up to the agreed guarantee limit, or the full face value of the cheque - whichever is the lesser amount.

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