LinkPoint Gateway - Virtual Checks

LinkPoint VirtualCheck is a value-added enhancement to LinkPoint Select API, LinkPoint Basic and Virtual LinkPoint, which allows merchants to accept and process electronic check payments using Secure Sockets Layer (SSL) encryption. LinkPoint VirtualCheck transactions are captured through the LinkPoint Secure Payment Gateway, and check batches are automatically presented for settlement each day. The check processing system debits the customer's checking account via the automated clearing house (ACH) and then transfers the funds to the merchant's direct deposit account.

Need an alternative to credit cards?, Accept checks online with the LinkPoint VirtualCheckTM service and have your check payments automatically processed for you. Powered by TeleCheck®, the leader in check transactions, VirtualCheck gives merchants an alternative payment option that works with any LinkPoint Internet solution. With an amazingly straightforward user interface, it's simply the easiest way to accept checks online.

LinkPoint VirtualCheck: It's the next best thing to seeing green.

One Time Setup Fee: $50
Virtual Check Discount Rate: 2.39% + $.25

Features at a Glance

• Brings an additional payment option to all LinkPoint payment solutions
  • LinkPoint Central
  • LinkPoint Connect
  • LinkPoint API
• Eliminates the hassles of paper checks
• Transfers funds automatically from the consumer's account to the merchant account
• Gives you an intuitive interface that's just like completing a real check
• Reduces data entry errors
• Gives users ready assistance with on-screen rollover help
• Eliminates invalid data entries with real-time error checking
• Gives immediate declines for high-risk transactions
• Compares transaction data against TeleCheck's negative database at the point of sale
• Reduces the risk of accepting bad checks
• Fills in your business name on the check automatically, so it's clear where the money is going
• Shows transaction amount automatically on the check interface
• Includes Java^TM servlet technology for fast transaction times

Intuitive Check User Interface looks like a real check

• Allows LinkPoint Central users to easily enter data on the same point-of-sale page used for credit card orders
• Reduces work for LinkPoint Connect Web site developers with a ready-made VirtualCheck interface

FEATURES ADVANTAGES Deposits funds into the merchant's direct deposit account within five to seven business days Faster access to cash Notifies merchant of a returned check within two to four days Quicker notification of returned checks than conventional means Resubmits returned checks automatically Automatic redeposit saves time Captures and processes data in a secure environment Comfort of knowing customer data isn't compromised Provides real-time reports View check transactions online in real time E-mails notification of a transaction's acceptance (optional) Customer quickly notified that transaction was accepted Using LinkPoint VirtualCheck Through LinkPoint Basic LinkPoint VirtualCheck can be easily integrated into a merchant's Web site along with the HTML script used for LinkPoint Basic. Customers electing to pay for goods or services by check are prompted to enter check information into a simple browser-based form. The check transaction data is stored in the LinkPoint Secure Payment Gateway for processing, and the merchant's online reports are updated in real time. Using LinkPoint VirtualCheck Through LinkPoint Select API LinkPoint Select API allows electronic check acceptance to be integrated into the merchant's Web site. Customers electing to pay for goods or services by check are prompted to enter check information into a form created and maintained on the merchant's Web site. Check data is sent to the LinkPoint Secure Payment Gateway through an SSL connection for processing, and the merchant's online reports are updated in real time. Using LinkPoint VirtualCheck Through Virtual LinkPoint The merchant can enter check information through the VirtualCheck Sale screen. Data read from the customer's check is keyed by the merchant into a simple browser-based form on an Internet-connected computer. The check transaction data is stored in the LinkPoint Secure Payment Gateway for processing, and the merchant's online reports are updated in real time.