ITI Services, Inc. processes the check information collected by Merchant's web site and receives an approval or decline from ITI Services, Inc.'s independent verification providers and services for those accounts with these services activated. Payment Merchant will receive payment for transactions per the agreement established with Merchant at the time of Merchant account issuance. The standard delivery method for payments is first class mail each business day. In some cases, direct deposit into Merchant's bank account will be possible. ECP is an optional service and includes additonal terms and conditions.
All payments are from Customers to Merchants.
ITI Services, Inc. is only the processor and can not alter the terms of these payments. ITI Services, Inc. does not guarantee or insure funds within transactions. ITI Services, Inc. will periodically issue invoices for processing fees due, which must be paid in full within 72 hours. This invoice is sent via e-mail and is paid online via PayByCheck or AutoPay. A suspended account can still accept new check transactions, however they will remain in ITI Services, Inc.'s system queue, unprocessed until the account is reactivated.