The TeleCheck Electronic Check Acceptance® (ECA®) service converts paper checks into electronic payments at the point of sale and delivers funds directly to your bank account. This new digital process improves your cash flow. Once the check is approved, it’s TeleCheck’s responsibility! No returned checks, deposit fees, warranty claims or hassles. Just like with credit cards, the service ensures quick funds settlement.
This new service will literally change the way you think about checks now and in the future. This service not only delivers a streamlined check acceptance process, but also eliminates returned checks, returned check fees and warranty claims, while reducing check fees and trips to the bank. It also means reduced paperwork and improved cash flow through faster closing/balancing and settlement.