Many business do not accept checks today – why?
Like Debit Cards, people who use checks buy more than cash buyers
Direct Connect allows you to accept checks at the cost of a debit or credit card – and just as quickly
Direct Connect even has extended check payment programs for large purchases
Why Consumers Write Checks
Habit
Budgeting / Recordkeeping
No other option available
They don’t use credit cards
They can’t get a credit card
Their cards are maxed
Want / Need the float or delay
Why Merchants Should Accept Checks
No credit limits
Higher average sales ticket
Rarely gets stolen
Faster access to funds
90% of shoppers have a checking account
Lower cost to process
Direct Connect uses Telecheck – the #1 provider of check conversion and subsidiary of First data - as our POS Check solution provider
Check Guarantee Program
Processes and guarantees checks electronically and verifies validity of account.
Obtain approvals in seconds.
Guarantee checks for less than it would cost to accept major credit cards.
Have your customers' checks wired to your bank saving you time, bank deposit fees, and bounce check fees.
Eliminate trying to collect on bad checks.
Check Verification Program
Process just like the Check Guarantee
You receive information regarding the riskiness of the check, as well as anti-fraud information
You take the risk and decide whether to accept – but pay a low per-item fee
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