NOTIFICATION PLUS CONFIRMATION SERVICES (Helps Telemarketing Merchants to comply with the FTC''s Telemarketing Sales Rule 16-CFR Part 310)

At PAYBYWEB®, we provide our NOTIFICATION PLUS service to remind your customers of upcoming drafts against their account.

 This feature can be included in your EFT, or Demand Draft processing fees.

NOTIFICATION PLUS: Serves as a reminder for your customer, reducing returns. Assists in the compliance of Federal Laws governing the use of demand drafts by telemarketers. Merchants using PAYBYWEB®''s "Check Representment Service" will also have the following on their postcards: Electronic Check Re-presentment Policy In the event that your check is returned unpaid for insufficient or uncollected funds, we may re-present your check electronically. In the ordinary course of business, your check will not be provided to you with your bank statement, but a copy can be retrieved by contacting your financial institution. We reserve the right to charge a reasonable fee for the collection of a returned check.

Telemarketers may be required to comply with the FTC''s Telemarketing Sales Rule (TSR) 16-CFR Part 310.

Non-compliance penalties may reach $10,000.00 per occurrence.


For more information. . . . . Visit the Federal Trade Commision site at www.ftc.gov