The following services can be used in conjunction with the RediCheck service.
Fees listed are above and beyond iTransact's prices.
OPTIONAL ENHANCED CHECK VERIFICATION SERVICES These services are offered through a third-party, major check guarantee company. Please note that, according to that company's policy, merchants will not be accepted that sell adult entertainment. |
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| Fees | ||
| CHECK VERIFICATION | $25.00 | Per Transaction Verification Fee: $.02 to $.18 (See chart) |
| CHECK GUARANTEE | $25.00 | Per Transaction Guarantee Fee: 1.50% for the first $500.00 of the face value of each check. An additional 1.50% is charged for amounts from $501.00 to $2500.00. (Rate can vary based on underwriter determination.) |
| PLEASE NOTE THAT CHECK VERIFICATION AND CHECK GUARANTEE ARE USED INDEPENDENTLY OF EACH OTHER. THEY CANNOT BE USED CONCURRENTLY. | ||
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