CHEXpedite™ Electronic Check Verification

Frequently Asked Questions:

1. How long does it take for merchant approval for Check Verification Services?

It takes approximately 2 to 3 days for our processing center to approve an application, and full implementation can occur within 5 to 7 days if everything goes well.

2. What equipment does the merchant need to be able to run Check Verification?

There are certain credit card terminals that can be programmed for our Verification program. Please check with Total Payment Solutions, Inc. to see if your existing credit card terminal is compatible. If you do not have compatible equipment or have no equipment at all, you can purchase equipment from Total Payment Solutions, Inc.

3. What types of velocity tracking are available?

The standard option of velocity tracking is for the number of checks written on a particular account in a limited time period combined with total dollar amount of checks written on the account during a chosen period. This can be for one company location or all company locations.

4. Is the verification database shared with any other database or is it only verification merchants that contribute the data?

The data comes from the National Check Information Services (NCIS) of 70 collection agencies and thousands of participating merchants.