Check Services

Merchant Service Group, Inc., a leading provider in the check services industry, offers solutions that provide thoroughness, speed, and reliability, making it easy for merchants to accept checks with confidence.

Traditional Guarantee

Check Guarantee is the most commonly used check service allowing the merchant to “insure” the face value of the check and protecting the merchant against checks written on non-sufficient funds (NSF). Merchants obtain electronic approval or voice authorization for the transaction and then deposit the checks. Checks that do not clear can be submitted to Merchant Service Group, Inc. for reimbursement. This reimbursement typically takes 2-4 weeks from the time of receipt of the original item, and is processed electronically via the ACH. It is sent under a specific category, so the merchant can identify that the credit is for a bounced item.

  • Increase Sales
  • Eliminate Risk
  • 100% Guaranteed

Check Verification

Verification allows merchants to access the Merchant Service Group, Inc. Negative Database to verify negative information regarding a particular check or check-writer. The merchant is simply “purchasing” information to aid in the decision to accept or decline a check. Merchant Service Group, Inc. provides an approval based on whether or not there is a positive match on the checking account number or home telephone number of the check-writer in the negative database. The decision to accept any check remains solely up to the merchant.

  • Maximize Sales
  • Minimize Risk
  • Previous negative record verification
  • Decision based on “real” data

Check Conversion & Guarantee

Merchant Service Group, Inc. has combined all the benefits of check conversion and check guarantee to provide the most powerful check service in the industry today. Merchants are able to convert paper checks into electronic deposits within 48 hours (two business days) while insuring the face value of the check and eliminating any chargeback liability. This service allows merchants to accept checks as safely and conveniently as credit cards.

  • Increase Sales
  • Increase ticket size
  • Eliminate losses
  • Improve cash flow
  • Predictable cash flow
  • Protection from unexpected overdrafts
  • Eliminate “NSF” fees
  • No more deposit tickets
  • No more trips to the bank

Check Conversion

Conversion enables the merchant to convert paper checks into an electronic transaction at the point-of-sale without depositing the actual check. Funds are transferred into the merchant’s business checking account within five (5) business days via the Automated Clearing House (ACH). Should there be no funds available, the merchant will be notified by fax or telephone within five (5) business days so the customer can be contacted for an alternative means of payment.

  • All the benefits of Verification
  • No more check deposits
  • No bank “item” fees
  • Eliminate trips to the bank
  • Electronic transfer of funds

Check Processing Terminals and Imagers

Telecheck Eclipse Check Imager

The Telecheck Eclipse is an all-in-one credit card / electronic check imaging terminal. The Eclipse is the only terminal compatible with the Telecheck electronic check service. Telecheck enables businesses to electronically accept checks from their customers when using the Eclipse terminal. Several of the new features include: a built-in ink jet printer, touch-screen interface and an innovative check imaging system.

First Data FD200 Point-of-Sale (POS) System

The FD200 is an all-in-one, point-of-sale solution that supports virtually all payment processing options in one space-saving terminal along with low cost of ownership.  Supports: Credit, debit, Electronic Benefits Transfer (EBT), Gift Card, the TeleCheck Electronic Check Acceptance (ECA) service, and optional Dynamic Currency Conversion (DCC) service

Other Check Readers and Imagers:

 

Merchant Service Group, Inc. | Referral Partner Opportunities  | 6901 Jericho Turnpike, Suite 240, Syosset, NY 11791
Toll Free: (800) 655-0899, Ext 142 | Fax: (800) 861-1442 |  Email: agents@gomsg.com

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Merchant Service Group is a registered ISO/MSP of BancorpSouth Bank, Tupelo, MS