For Immediate Release: July 28, 2015
PETALUMA, Calif. – CrossCheck, Inc., whose nationwide payment processing services enable auto dealerships to reduce risk and increase sales, is proud to announce that it has joined the California New Car Dealers Association.
With thirty two years of experience serving auto dealerships, CrossCheck has a tailored program specifically for the industry. Called the CrossCheck Auto Industry Remote Deposit Capture Solution, or C.A.R.S. for short, it bundles services that auto dealers need to close additional sales, to increase service department revenue, and to significantly reduce risk.
Since most dealers accept checks in at least three out of four of their car sales, as well as in a significant portion of their service department business, protecting that cash flow is a top business priority. CrossCheck’s check guarantee service, bundled into C.A.R.S., does exactly that by guaranteeing approved checks.
It also includes Remote Deposit Capture, enabling dealerships to eliminate non-productive banking tasks and to deposit those guaranteed checks right from their back office. The solution also includes a Check on Delivery, or C.O.D., program that helps generate additional revenue in parts and service by offering the same guarantee for checks accepted off-site.
The package includes a Multiple Check service, commonly known as hold check, which enables dealerships to match payments to the customer’s cash flow – without financing and without a credit check.
To see how these services generate sales and reduce risk in the real world, watch a Napa Ford Lincoln executive explain how the program’s features have helped his business across the board.
“Dealerships face a number of challenges in today’s evolving market,” said J. David Siembieda, CrossCheck President and CEO. “We help them succeed by reducing or eliminating risk in critical areas of their business. We’re very proud to help CNCDA advocate for these businesses, and we look forward to partnering with their members.”
The California New Car Dealers Association is the country's largest state association of franchised new car and truck dealers representing over 1,100 dealer members. CNCDA members are primarily engaged in the retail sale and lease of new vehicles, and also engage in automotive service, repair and part sales. CNCDA promotes fair and ethical business practices through a wide range of educational programs, services and industry publications.
About CrossCheck, Inc.
CrossCheck, Inc., an established leader in the payments industry, processes and approves billions of dollars worth of check transactions annually for retail and dealer outlets throughout the U.S. For more than 30 years, its goal has been to increase merchants’ profits by providing efficient and affordable check approval, guarantee and conversion services that can help increase sales and reduce risk. The company has offices in Petaluma, California, Phoenix, Arizona and Dallas, Texas. Their suite of services includes check conversion technology, ACH, web-based transactions and remote deposit capture products.
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