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Is this a check guarantee service, like Telecheck?

April 26, 2017guarantee service telecheck

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Is this a check guarantee service, like Telecheck?

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Mercy, no. Check guarantee services require you to pay a percentage of the face value of every check you accept as a premium. We don’t charge you, the merchant, anything. We are paid a fee by the check-writer. (Telecheck charges the check-writer a fee, too, but they keep it for themselves.