Telecheck Services

The TeleCheck Electronic Check

Acceptance® (ECA®) Verification service (Using the Eclipse Machine) gives merchants an efficient tool for accepting checks at the point-of-sale.  This service is ideal for businesses who want to implement an electronic check service to avoid traditional bank fees, plus avoiding check collections.

Here’s How It Works:

After a customer gives you a paper check, TeleCheck uses it’s well-known risk assessment technology and extensive check writer negative and activity databases, to evaluate the risk of accepting a check.

If the check meets the verification requirements, the TeleCheck ECA Verification service converts the paper check into an electronic transaction at the point-of-sale.

The Automated Clearing House (ACH) network is used to process the transaction and funds are deposited directly into your bank account, generally in two business days.

In other words, at the point of sale, telecheck can check it’s database to see if a customer has a bad check writing history, if not, it approves and guarantees the check. From that point on, 2 business days later, the money is electronically deposited into your bank account.

Afterwards, if the check ends up bouncing, Telecheck goes after the check writer. In the meantime, your money is in your bank account.

Here’s How It Works:

To sign up and get Telecheck Service, you must sign a simple service request form. Contact me and I will email you the form and services fees.


Telecheck check verification fees are a $5 per month statement fee, plus a rate as low as 1.49%* + $0.25 per transaction. Depending up on the risk group your business falls within.

telecheck services