Taking Checks by Phone Offers Convenience and Profits
          
          
               There is a new service concept that allows
          businesses to accept check payments over the telephone
          or by fax -- and you can make money selling this
          service to businesses.  Many small (and a few larger)
          businesses cannot get merchant credit card accounts. 
          These include many mail order, telemarketing, travel
          and home-based businesses.  These are businesses that
          sell to retail consumers and are at a competitive
          disadvantage because they cannot make credit card
          sales.
               In addition, many consumers either don't have or
          can't get credit cards.  In fact, there are over 65
          million people who have bank accounts but don't have
          credit cards.  Many other people who do have credit
          cards are approaching their credit limits and cannot
          use the cards they have.
               Now there is a service which helps both the seller
          without credit card merchant status and the buyer
          without the ability to use a credit card.  With this
          service, a buyer can make a purchase or pay a bill over
          the phone simply by giving verbal authorization to the
          seller.
               The buyer just tells the seller the pertinent
          information such as the bank's ABA routing code, the
          account number, the amount, and the check number.  The
          buyer then logs in the check, adjusts the balance and
          throws away the blank paper check.  There is no
          physical check to write, no envelope, no stamp and no
          trip to the post office.
               The seller notes the information on a form and
          faxes it to the service provider.  The service provider
          writes the actual check and sends it by mail or courier
          service within 24 hours (usually the same day) to the
          seller.  From that point, it's handled just like a
          regular check.  The merchant can deposit it, can hold
          it until a specified date, can check to see if funds
          are available to cover it, etc.  The service provider
          even offers a check guarantee service so that the
          merchant doesn't ever have a bad check problem.
               By enrolling a business in this service, you earn
          an immediate commission.  What's even better, though,
          is the residual commissions you continue earning month
          after month as your client companies use the service.
               Businesses will want to continue using the checks-
          by-phone service for two very big reasons.  First of
          all, there is less delay in getting their money this
          way than by using credit cards.  Their money isn't tied
          up for weeks as a receivable.  Second, and this will
          surprise you, this service is significantly cheaper
          than the processing fees charged by credit card
          companies.
               For information on how you can offer this service
          to businesses in your area, send a stamped, self-
          addressed envelope and $1 to William Martin, Box
          441523, Houston TX 77244-1523.
               For more information on how your business could
          start using the checks-by-phone service, direct your
          inquiries to the same address.