The TeleCheck® Checks by Phone solution allows public institutions to process checks electronically over the ACH network using our proprietary risk management tools to minimize returns.
First Data Advantages
Accept more check payments with less risk and a higher level of protection for fraudulent and returned checks. Checks can be converted to electronic transactions online or over the phone.
Key components
- Electronic and paper check acceptance and warranty
- TeleCheck® Checks by Phone
- TeleCheck® Internet check acceptance
- Comprehensive, industry-leading set of risk management tools
- Extensive check writer negative and activity databases
- TeleCheck® Lockbox payment processing
- Check cashing solutions
- Collections with TRS Collections Service