CrossCheck Blog

CrossCheck Blog

Check Processing & Payments Information

Sara Holt

Sara Holt has 12 years of experience as a graphic designer in a variety of industries.

Recent Posts

Auto Dealerships' Top Five Concerns [Infographic]

on Fri, Nov 10, 2017 @ 08:45 AM By | Sara Holt | 0 Comments | Auto Dealerships
Our illustrative expression of the Q3 2017 Cox Automotive Dealer Sentiment Index shows that auto dealerships are somewhat concerned about existing conditions in the marketplace, but more positive about what they expect over the next three months. In addition to their top five concerns, dealers also mentioned pricing pressure, increasing costs of doing business, declining profits, slow customer traffic, and a lack of inventory.
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The Lifetime Value of One Declined Check at Your Auto Dealership

on Thu, Sep 21, 2017 @ 12:49 PM By | Sara Holt | 0 Comments | Check Fraud Auto Dealerships C.A.R.S.
Many people prefer paying by check according to the 2016 Federal Reserve Payments Study. Checks declined by processing companies harm auto dealerships where losing a sale to just one declined check can have far-reaching consequences. For example, one declined check for a down payment could result in the loss of three sales equaling a total of $146,000 if several values are considered (see the below infographic).
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