Check Services

Checks

In partnership with Secure Payment Systems, TermNet Merchant Services offers all forms of check acceptance

Verification

Check verification simply verifies that at that the point of sale, no outstanding checks are in the negative data system.

Guarantee

Check authorization is a simple process at the point of sale. Your sales associate enters the customer’s driver’s license information in to the point-of-sale credit card terminal and/or slides the check through a check reader to capture the bank account data. In less than one second, Secure Payment Systems authorizes the check from its database of millions of records, accessing both local and national negative files of unpaid checks. With guarantee service, the authorized checks that bounce are reimbursed to the merchant in full after the Secure Payment Systems receives them offering:   Claims reimbursement in 14 days

• Support for all major point-of-sale terminals

• Support for all electronic check readers

• Stop payment fraud coverage
   

Conversion

Imagine your customer handing you a check. You enter the requested data into a point-of-sale terminal or you slide the check through a check scanner.

Instantly, an image of the check is created and stored in the check scanner.
Instantly, an electronic transaction request is transmitted for approval.
Instantly, a receipt is printed which the customer signs allowing for ACH funds transfer.

You image the receipt by sliding it through the scanner, you hand the check back to your customer, funds are credited to your account within 24-48 business hours and electronic checks that bounce hit Secure Payment Systems bank account...Not Yours!