GETI Check Training - PDF document

GETI Check TrainingGETI Check Training
GETI Check TrainingGETI Check Training20082008GETI Check Training GETI IntroductiongCorporate offices located in Destin, Florida.OdbSSftbdiLdOwnebionIn business since 1998 with a staff of over 80 employeesBoarding approximately 2,000 new merchants per monthA leader in value added check and gif

t & loyalty solutions.“Our goal is neve
t & loyalty solutions.“Our goal is never to jeopardize your bankcard merchant relationship.“ nd support and will always do what we can to assist our partners–GETI Check Training The American CheckbookgChecks still a major form of payment.Retail has seen some decline but other sectors are on the rise

like; Check 21, check by phone and ecom
like; Check 21, check by phone and ecommerce.Consumersstillwanttousechecks….Consumers Record KeepingNo credit/debit cardECCislikeacreditcardsale3• a GETI Check Training WhRtilNdChkgWhy taeeCheck fraudUncollected fundsEmployee handling•Processing costs from bankDelays in f

undingNowabletotakealltypeschecksNow
undingNowabletotakealltypeschecksNow 4GETI Check Training gOpportunity in Electronic Check ConversionLess than 10% of retailers currently using ECC at PotentialtoearnmorebasispointsandprofitonPotential Check than you can on Bankcard.5GETI Check Training WhSllGETIChkSi

gWhy ScesAdditional equiment
gWhy ScesAdditional equiment sale (check reader or imager(g)Additional residual income streamHighermerchantretentionHigher Lead with value added solutions and sell more bankcard servicesCreate a competitive EDGE over your competition! 6GETI Check Training SalesLinesgSales Lines

Are you taking checks the old way or th
Are you taking checks the old way or the new way?”?How would you like to accept and process checks just like your credit cards?You swipe the check and give it back to the consumer and you're funded electronically in a few days –guaranteed!HaveyouseenthenewElectronicCheckConversionsystems?Have

How would you like to have your c
How would you like to have your customers checks electronically deposited so you didn’t have to go to the bank?Wouldn’t you like to lower your bank fees?You can now accept and process checks with the same security as a credit card for a lower cost….would you like to learn more?You can now accept chec

ks and get paid electronically without w
ks and get paid electronically without worrying GETI Check Training CheckServicesgCheck eGold –Check Conversion and GuaranteeRequirements:Promote as a “Secure Payment”Process and accept checks “just like a credit card”Guarantee of all approved and accepted checksCheckisreturnedtoconsumerMust be fac

e to face transaction.Check must be stam
e to face transaction.Check must be stamped Similar fee structure as bankcardsCheck must be handedback to consumer.Customer must sign and complete ECC receipt. Merchant will receive funding within 24-48 hours.Checks are verified againstnational negative databaseNOTE: Most business checks are accepta

ble for guarantee and conversion. The te
ble for guarantee and conversion. The terminal will determine eligibility of the check. 8GETI Check Training –eGold-ProceduresatthepointofsalegeGold Merchant will swipe check through a check reader or imager and input driver’s license # and amount of sale.When transaction is approved, a d

uplicate receipt will print and consumer
uplicate receipt will print and consumer completes receipt.Thecheckisstamped“ACHProcessed”andcheckalongwiththereceipt The merchant will be funded in 48 hours (consumer still experiences a 2 Merchant will not be charged back for any returned checks (as long as proper procedures were

followed)9GETI Check Training gECC
followed)9GETI Check Training gECC ReceiptsSignaturePrinted NamePrinted Phone Number10GETI Check Training UnacceptableMerchantsgUnacceptable •Credit Counseling •AdultRelatedBusinesses Investment Opportunities •TravelAgency•Travel BailBondsmenGETI Check Training MerchantBenefits

gNo paper claims to file for bad check
gNo paper claims to file for bad checks.EliminatestheirbankdepositfeesandanyNSFchargesEliminates .Losses due to bad checks are eliminated.Cost of employees time in handling, reconciling and depositing of paper Eliminatespotentialfraudlossandtheftofconsumerspapercheck Consolid

ate deposits from multiple locations.Pi
ate deposits from multiple locations.Piece of mind knowing you can accept checks with guaranteed funding.GETI Check Training OtherACHProgramsgOther eSilver –Check Conversion with Verification ONLYFor merchants who want limited protection against bad checks .Merchant not funded on checks that do not

clear the ACH Network or are returned.P
clear the ACH Network or are returned.Paper Guarantee –No ConversionChecks must be deposited into the bank daily for guarantee service.No check reader requiredRecurring ACH Debit –Merchant can ACH customersFor merchants that want to ACH customers same amount on monthly basis.NoDLrequiredWebbasedsolution

No . Web solutionTele-Debit
No . Web solutionTele-Debit –Mobile merchant solution (Guaranteed Funding)Merchants can process checks over a cell phone while on the road.$300maxlimitonallchecks13$300 Must be face to face transactionNeed signed authorizationGETI Check Training g14GETI Check Training g15GETI C

heck Training TerminalCompatibility
heck Training TerminalCompatibilitygGETI Check Training ChkRdIgChecRer vs. ICheck Imager is not required but is recommended for the following reasons: May be able to offer higher check limits. Limits number of times check processor needs to contactmerchantscontact If merchant ne

glects to follow guidelines check proces
glects to follow guidelines check processor 17GETI Check Training FAQ’s on Check ConversiongAre Business Checks Acceptable?YesWithourCheck21+programwecanprocessalltypesofchecksYes. With Is the check writer debited automatically?NoThecheckwriterwillexperiencea2dayfloatbeforeACHof

fundsistakenNo. a 2
fundsistakenNo. a 2 Is stop payment offered to all merchant types?NoOnlyofferedtoautomotiveboatrepairRVandmotorcyclemerchantNo. offered . How are merchants check limits determined?Lengthofbusiness,Merchanttype,creditscoresandSICcodes18 GETI Check Tr

aining To 15 Merchant Types Using
aining To 15 Merchant Types Using Check gpypgConversionAutoTireStoresConvenience Stores•Barber/BeautyShops• Tire Liquor StoresJewelryStoresBarber/Beauty •Grocery or Supermarkets••Auto Parts Stores•Car Stereo/Cellular •Auto Repair•Nailproducts/manicures19GETI Check Training gAge

nt Resource Sitehktii/www.cktiAll p
nt Resource Sitehktii/www.cktiAll product info and applicationsFlash training for all check productsTerminal reference guides Equipment compatibility listSales Manual and boarding proceduresSupporting documents and additional Forms that may be needed.Instant Chat button Get assistance FAST!Question