Cheque1 service plans

CHEQUE1 GOLD

Need Electronic Check Conversion With Guarantee?

CHEQUE1 Gold plan greatly reduces the cost, time, and risks associated with check acceptance at the point-of-sale (POS).Check Conversion converts paper checks into electronic items, so you don’t have to deposit checks at your bank. This means that you get your money faster and you can detect problems with specific accounts sooner.

The CHEQUE1 Gold Program Is Your Answer

Our guaranteed electronic check conversion program eliminates retruned checks and bank NSF fees. With 48-hour funding, the check-writer still receives the benefit of a 2-day float, just like standard paper checks. No time is wasted handling paper checks and deposit slips, 24X7 online reporting, as well as quality customer service and technical support are all the reasons CHEQUE1 Gold makes accepting checks hassle free!!

The CHEQUE1 Gold Service:

1. Customer writes a check and presents proper ID
2. The check is run through a check reader or imager, and the amount of the sale is entered into the terminal.
3. When the transaction is approved an authorization receipt will print for the check-writer to sign.
4. The check is stamped "ACH Processed", and the check along with a copy of the receipt is given back to the check-writer for their records.
5. Funds are then electronically transferred into the merchant's account within 48 hours, just like a credit card.
6. Transaction will appear on the check-writer's bank statement, by merchant's name, check number, and amount of transaction.
7. The merchant no longer has the hassle of returned checks and/or bank fees.
   

QUICK FACTS

• Simplified handling – No listing and balancing of checks and no deposits at your bank.
• Faster funds availability (48-72 hours) than is usually available with paper checks.
• Checks are electronically deposited.
• Monthly activity statements and on-line reporting available.
• On-line viewing of checks allows you to research returned items.
• Highest approvals in the industry
• Terminal, phone and Internet approval systems
• 24/7/365 customer service at no additional charge
• Simple claim submittal
• State-of-the-art authorization technology
• Acceptance of checks from the U.S., all U.S. territories and Canada
• Premium programs for additional coverage
• Approval on business checks

CHEQUE1 SILVER

Need Electronic Check Converstion With Verification?
The CHEQUE1 Silver Program Is Your Answer

Our CHEQUE1 Silver program is a convenient and inexpensive option for merchants that don't have a bad check problem but like the benefits of ECC. Your customers checks will still be processed electronically, but without the comfort of a guarantee. With CHEQUE1 Silver no time is wasted handling paper checks and deposit slips.

The CHEQUE1 Silver Service:

1. Customer writes a check and presents proper ID
   
2. The check is run through a check reader or imager, and the amount of the sale is entered into the terminal along with a driver's license number.
   
3. When the transaction is approved an authorization receipt will print for the check-writer to sign.
4. The check is stamped "ACH Processed", and the check along with a copy of the receipt is given back to the check-writer for their records.
5. Funds are then electronically transferred into the merchant's account within 72 hours.
6. Merchant will not be funded on checks that do not clear the ACH network or are returned.

CHEQUE1 TELE-DEBIT

Need To Process Checks With Out Utilizing A Terminal Or Check Reader?
The CHEQUE1 Tele-Debit Program Is Your Answer

Our Tele-Debit Program is our solution for companies that are on-the-go. Examples of these types of companies would include: mobile auto detail/wash, towing services, locksmiths, in home party sales, booth sales (flea markets, craft fairs, food stands), carpet cleaners, pizza deliver, door-to-door sales, and many more. Businesses on-the-go now have the ability to process checks electronically with a guarantee, but without the need to purchase a terminal or check reader.

The CHEQUE1 Tele-Debit Service:

1. Dial 1-866-750-0270 on any phone.
2. Enter "PIN" #.
3. Enter 9-digit bank transit routing # and account #.
4. Enter the amount of the transaction.
5. Authorization # obtained if approved.
6. Consumer signs and completes ACH Authorization Form.
7. Merchant faxes copy of ACH Form to check processor.

CHEQUE1 RECURRING BILLING

Need To Automatically Debit Consumers Checking Accounts On A Regular Basis? The CHEQUE1 Recurring Billing Program Is Your Answer

Our Recurring Billing Program gives our customers a low cost solution to retrieve consumers ongoing monthly payments. The recurring transactions are automatically initiated to cut down on time it takes to process payments individually. No additional software or terminal is needed. There are no discount percentages to pay, so it is less expensive than accepting and running credit cards on a continuous basis.

The CHEQUE1 Recurring Billing Service:

1. Merchant will acquire the customer's checking account information, amount, and frequency of debits.
2. Merchant must obtain signed written authorization form from customer. (we can provide a template)
3. NO driver's license is required.
4. Merchant will log on to web interface to input all data.
5. Check Processing Company will automatically initiate transactions when the next payment anniversary date arrives.
6. Recurring debit transactions must be for the same amount every month and cannot vary in amount.
7. Online reporting will let merchant know which transactions are returned within 3-4 days.
8. Merchant will be funded on all cleared transactions in 5 business days.
9. Check Processing Company can automatically resubmit NSF items 2 additional times.

HOW TO GET STARTED

• Call for more information: 1-800-815-1881
• Or, send an e-mail message to sales@cheque1.com