Automatically Adding a Service Fee to All Checks
This feature is available to all accounts. This feature may be activated or modified via the Merchant - Add Service Fee menu in your Vcheck control panel.
This feature allows you to add a small convenience or processing fee to all checks submitted online. This feature should be used judiciously - it is designed to help you cover the cost of check stock , MICR toner and a percentage of the cost of your Vcheck account.
The average cost to print a check (using check stock and MICR toner) is approximately $0.03 - $0.05.
How it works: If activated, the online Vcheck form your customers use will contain a new required checkbox and agreement as below. The same checkbox and agreement will also appear on your Phone Order form - HOWEVER, it is not a required agreement, so you have the option of applying the fee or not. If you do so on a phone/fax order, make sure your customers are aware of and agree to the fee.
"I understand that a $0.20 (Twenty Cents) service fee will be automatically added to the total of my check as entered above. The new total will be displayed on the next screen"
The $0.20 shown above is just an example. The amount you enter in on the Service Fee setup page will be shown on your check form. When the customer proceeds to Step 2 of the check form, the service fee will be added and the new total displayed on the Confirm Data screen.
The maximum amount you can add as a service fee is $10.00. The setup page is self-explanatory. By default the Amount of Service Fee is set to $0.00 (no fee will be added). You can select any amount from $0.05 to $10.00 to add to the check amount entered by the customer.
Below is a screen shot showing where the new service fee agreement appears on the check form. Watch the video tutorial (link above) to see this in action.