FIS Retail Payments Solutions is the parent company of Certegy Check & Credit Card Services and Valutec Card Solutions. FIS provides a single-source, end-to-end payments solution that addresses the current and future business needs of retailers. FIS’ multi-channel business solution connects a retailer’s POS, mail order and telephone order (MOTO), and Web site services with the most comprehensive payment processing, fraud management and business process outsourcing resources available.

Merchant Check Guarantee Program &
Pricing for Members of NARDA

ElecCheck

FIS’ electronic check conversion service, ElecCheck®, streamlines the check approval and settlement process by removing the middleman and opportunities for error. FIS authorizes the transaction, transfers funds electronically from the point-of-sale to an Automated Clearing House (ACH) and forwards it to the bank for processing and settlement. Process checks like credit cards at a much lower cost.

• Exclusive NARDA discount rate of .75% for Image and .78% for Imageless 
  
  (subject to credit approval)
• Imageless or imageless transaction fee of $.20 for ACH processing
  
• No returned check fee
  
• No reconciliation required
  
• Settlement generally in 24 to 48 hours
  
• $25,000 purchase limit
  

Enhanced Warranty

Enhanced Warranty™ gives you peace of mind when accepting checks from your customers.

Exclusive NARDA discount rate of .70% which includes full stop payment coverage for fraud, forgery, stolen and NSF checks

• $25.00 monthly minimum
  
• No set-up fee or installation charge
  
• No transaction fee or check minimum
  
• No statement fee if using ACH billing, otherwise a $15.00 monthly statement fee will be applied
  
• Voice surcharge of $2.00 for customer-initiated calls
  
• Easy claim submission, up to 60 days from the date of the check
  
• Fast claim reimbursement, within 10 business days from receipt by FIS
  
• Flexible authorization limits for U.S. or Canadian checks, up to $30,000 in U.S. funds
  

SettleSmart

SettleSmart™ added to FIS’ Enhanced Warranty Services consolidates returned checks into an FIS funded bank account resulting in reduced check handling fees, improved cash flow and the elimination of claims processing. Because all returned items are forwarded to a centralized bank managed by FIS, no additional reconciliation is required after checks are deposited.

• SettleSmart Enhanced Warranty discount rate of .73%
  (subject to credit approval)
• Elimination of Returned Check Fees from your bank
  
• No need to send in claims
  

Merchant Credit Card Pricing for Members of NARDA

The team of Certegy and ELAVON Information Systems offers the industry's most robust, end–to–end processing solutions, backed by unmatched expertise in the development of payment technologies and a firm commitment to personalized service.

Member / Merchants Pricing who process OVER $40,000 a month in volume