For Immediate Release: August 13, 2015
PETALUMA, Calif. – CrossCheck, Inc., a payment processing company whose services have enabled auto dealerships nationwide to reduce risk and increase sales, is proud to announce that it has joined the New Jersey Coalition of Automotive Retailers.
CrossCheck has been serving auto dealerships for thirty two years. The payment processor’s Auto Industry Remote Deposit Capture solution, called C.A.R.S. for short, bundles services that auto dealers need to close additional sales, to increase service department revenue, and to significantly reduce risk.
Most dealers accept checks in three out of four, or more, of their car sales, and they also accept them for a significant portion of their service department business. CrossCheck’s check guarantee service, included in C.A.R.S., ensures that all the revenue from checks falls to the dealership’s bottom line.
C.A.R.S. also includes Remote Deposit Capture, enabling dealerships to deposit those guaranteed checks right from their back office, eliminating non-productive banking tasks. 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.
And when customers in sales or service need help arranging payment, the package includes a Multiple Check service, commonly known as hold check, which can 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.
“We’re proud of our thirty plus years of service to auto dealerships, from nationwide corporations to small-town entrepreneurs,” said J. David Siembieda, CrossCheck President and CEO. “NJCAR does a great job advocating for dealerships, and we’re excited to partner with them to help their members increase sales and reduce risk.”
The New Jersey Coalition of Automotive Retailers, founded in 1918, is a non-profit organization serving franchised new car and truck retailers throughout New Jersey. NJ CAR’s purpose is to promote the principles of commercial honor and integrity in the sale and service of motor vehicles. The primary objectives of NJ CAR are to further any legitimate interests of its members, to keep its members informed on a variety of business matters, practices, trends and legislation, and to provide special products and services to its members.
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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