Niches

WE SPECIALIZE IN CUSTOMIZED SERVICES FOR SPECIFIC NICHE MARKETS

 

Solutions

INNOVATIVE SOLUTIONS DELIVERED TO YOUR BUSINESS

Services

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ACH Service

Here’s How It Works

For both POS and Online Checks (Internet originated) we verify the bank routing number, account numbers along with the consumer information against a positive and negative database to ensure the check writer does not have unresolved returned checks.

Negative Database: Verifies the bank account number is not in a fraudulent or bad account database

Positive Database: Verifies the consumer and bank account through a successful check transaction database

Consumer Database: Verifies the consumer is not on a “who’s who” of bad check writers

In the U.S. slightly more than 2% of checks written to retail businesses, and 1% of checks overall are returned unpaid. Recovery rates vary, but, on average, Merchants ultimately recover less than half of these items. Much of this money is readily recoverable by our electronic NSF recovery services. Included in our check verification service is this check recovery system. This service eliminates you, the merchant, from having to try and collect on a returned check. We will pursue recovery of the check to the fullest extent of the law at no additional cost to the you.

Our prevention system is as strong as it recovery service. Our database enables you to track a combination of variables providing a number of ways to decrease your exposure to the intentional bad check writer. A few variables include:

  • The number of checks written within a specified period of time
  • The total dollar amount of checks written within a time period or a combination of both.

Our services gives you the power to decide whether or not to accept a particular check:

  • Merchant controlled risk parameters.
  • Eliminate in-house collection of returned checks – Our check recovery system will collect the returned check for you.
  • Reduce the amount of returned checks.
  • Set your parameters on how many times a consumer can write a check or he total amounts on checks written for a bank account.