Sage Deposit Boss

Program Types

Deposit Boss for Retail
Product Description	• Accept any type of check at the Point of Sale (Face-to-Face) • Process all checks in retail environment • Merchant receives funding in 2-3 business days • Can use existing checking account. No separate account required
Guarantee Learn More	• Payment of the check is guaranteed by the processor • Checks eligible for Guarantee are limited to: -Personal -Business and Corporate -Doing Business As (DBA)
Non-guarantee	• All checks acceptable: Corporate checks, equity lines of credit, money orders, US Treasury checks , 3rd party, starter/temp checks, travelers checks, cashier checks, certified checks
Pricing Underwriting will determine check limits	• NON-GUARANTEE: A cost effective per item transaction fee.

Deposit Boss for the “Back Office” environment
Product Description	• Accept any type of check through the mail or drop box (Consumer-Not-Present) • Process all daily checks in “Back Office” environment • Merchant receives funding in 2-3 business days • Can use existing checking account. No separate account required
Guarantee Learn More	• Payment of the check is guaranteed by the processor • Checks eligible for Guarantee are limited to: -Personal -Business and Corporate -Doing Business As (DBA)
Non-guarantee	All checks acceptable: Corporate checks, equity lines of credit, money orders, US Treasury checks , 3rd party, starter/temp checks, travelers checks, cashier checks, certified checks
Pricing Underwriting will determine check limits	• NON-GUARANTEE: A cost effective per item transaction fee. • GUARANTEE: Guarantee pricing is based on a discount rate and transaction fee just like a credit card

Deposit Boss for Payroll Cashing
Product Description	• Cash Business and Corporate Payroll checks • Merchant receives funding in 8 business days • Can use existing checking account. No separate account required
Guarantee Learn More	• Optional • Checks eligible for Guarantee Cashing are limited to: -Corporate Payroll. -Business Payroll.
Non-guarantee	• All Corporate and Business payroll checks acceptable.
Pricing Underwriting will determine check limit	• NON-GUARANTEE: A cost effective per item transaction fee. • GUARANTEE: Guarantee pricing is based on a discount rate and transaction fee just like a credit card

Checks must be drawn on a valid corporate/business payroll account
Non-eligible checks include:
- 3rd Party (person presenting check is not who it is made out to.)
- Personal
- Payable to “cash”
Checks must be pre-printed and contain the address of the business on the face of the check
Check must be endorsed BEFORE scanning the image
The work phone number of the person cashing the check must be written legibly on the face of
the check prior to the check being scanned
Drivers License information and photo must match person presenting check and to whom check
is made out
Payee must be the same person attempting to cash the check
All payroll checks must be processed using the PAYROLL or BUSINESS CHECK option on the
terminal
Payroll checks must be processed using TID# supplied for Payroll Check Cashing
Customer’s fingerprint must be on front of check in a clear area prior to scanning (inkless pad
provided to merchants)

Deposit Boss for Retail