How Does TeleCheck Work?

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The service is a way for businesses of all sizes to reduce the risks associated with accepting paper checks, according to First Data Corp., TeleCheck’s parent company. In general, the process involves analyzing check transactions via debt verification and gauging risks to determine the likelihood of whether a check is good.

Verifying Account Info

Profiling good, bad checks

References

About the Author

Based in Green Bay, Wisc., Jackie Lohrey has been writing professionally since 2009. In addition to writing web content and training manuals for small business clients and nonprofit organizations, including ERA Realtors and the Bay Area Humane Society, Lohrey also works as a finance data analyst for a global business outsourcing company.

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