CrossCheck Blog

CrossCheck Blog

Check Processing & Payments Information

28 Years in the Check Services Business

Posted by Kris Coughtry | Fri, Oct 28, 2011 @ 07:35 AM

28 years of Check Guarantee Each October we celebrate our birthday here at CrossCheck. This year, we're celebrating not only our 28th year in business (wow, that went fast), but also a new headquarters and new services that benefit our clients and their customers. We're proud of our 28 years and are thankful to have had continuing success and growth, even during some challenging years. As we begin our 29th year, now is a good time to take a look at where we started, where we've been and what we see coming up.

Back in 1983, CrossCheck opened the doors in Petaluma, California, and began a check guarantee business that offered merchants the opportunity to accept checks for payment and be reimbursed should the check be returned for non payment. In the days when "cash or check" were often the only payment choices for consumers, CrossCheck grew quickly to become an expert in authorization services and solutions.

Over the years we've had the opportunity to develop and introduce premium services that provide additional features and options to our Standard Guarantee service. We were the first to make a Multiple Check service available to a variety of industries and our Internet approval authorizes checks in seconds via our web site. In the late 1990s, electronic check processing services were being introduced that offered conversion and deposit without and we added and ECC service to our offerings, as well, along with guarantee and business check conversion, something our competitors did not provide.

Right now businesses are seeing the benefits of Remote Deposit Capture and back-office conversion services. Both services are available from CrossCheck. Businesses can save time and money by reducing trips to the bank and streamlining processing. Electronic Check Processing decreases the need for multiple banking relationships and allows a business to make deposits right from their desktop when it is convenient for them. Remote Deposit Capture Plus includes guarantee features and an online check register to check account activity 24/7.

We're especially excited about the future of payment processing. New banking regulations, new electronic equipment and new habits are changing the way businesses and consumers pay. "Check" payments now take many different forms but remain a safe and affordable payment method. New technology makes it easier than ever to accept and deposit checks and we'll be ready with new payment services and applications that offer flexibility and mobility like nothing we ever presented before.

So is anything the same as 1983? Well, we're back in Petaluma, California, with brand new headquarters after making a short move from Rohnert Park this past summer. We have state-of-the-art systems and work stations and we're involved in the local community. The energy and environment is great. It's been a good year, a busy year, and we can't wait to see what the next one brings.

We hope that we can be part of your business' success with payment services such as Multiple Check or Remote Deposit Capture Plus. Contact us for a proposal or call (888) YES-2CHX for more information.

choosing check service

Topics: CrossCheck

Written by Kris Coughtry