When you offer your customers the option of paying by check, you want to be sure the solution is secure, fast and easy. First Data’s TeleCheck® Electronic Check Acceptance® gives merchants an efficient option for accepting and electronically processing checks at the point of sale. This service is ideal for merchants who want to streamline their store operations, reduce fraud exposure, avoid bank fees and returned-check costs, and improve the consumer experience at the POS. Throughout every step of the check transaction process, First Data’s TeleCheck® Electronic Check Acceptance solution offers significant benefits for your business, including:

Authorization

• Reduced check losses from fraud and returned checks
• Analytic driven acceptance decisions
• Easy integration
• Maximized sales

Settlement

• Bank fee and check loss reduction
• Improved store operations
• Streamlined reconciliation
• Speedier funds access

With TeleCheck ECA, you can choose between two risk service level options including Verification and Warranty. TeleCheck ECA Verification The TeleCheck ECA Verification service screens checks against check writer information from hundreds of thousands of businesses and financial institutions, minimizing the risks associated with check acceptance. Benefits

• Reduce bank fees and check losses
• Improve cash flow (only applies to electronic products, not paper products)
• Maximize sales
• Reduce losses from returned checks
• Reduce processing costs (only applies to electronic products)
• Improve cash flow with faster funding (redundant – see comment above)
• Fewer trips to the bank (only applies to electronic products)
• Streamline back-office operations (for electronic products)
• Reduce the risk of lost, stolen or damaged checks

TeleCheck ECA Warranty The TeleCheck ECA Warranty service streamlines store operations and provides merchants with total peace of mind. If TeleCheck approves the transaction, you are guaranteed funding and TeleCheck assumes liability for all returned items and manages the entire collections process. Benefits

• Reduce bank fees
• Lower operating expenses
• Improve cash flow through faster funding
• Increase store operations efficiency – paper checks are returned to customer, reconciliation is dramatically simplified
• Funds are deposited into your account within generally two business days
• Protect your customers’ personal information and reduce the likelihood of identity theft (only applies to ECA)
• Protect your customers’ personal information and reduce the likelihood of identity theft
• Liability protection for fraudulent and returned checks
• No return check or collections expenses