CrossCheck Blog

CrossCheck Blog

Check Processing & Payments Information

Check Verification, Check Guarantee, ACH: Payment Processing Solutions

Posted by Patrik Jorgensen | Fri, Apr 26, 2024 @ 02:35 PM

Accepting checks without riskMerchants across many industries – auto dealers, building materials vendors, dentists, veterinarians, and many more – need efficient and secure payment processing solutions. While credit cards dominate, checks remain a popular payment method for many customers. But managing checks without a payment processing solution can be a hassle, leading to delays, errors, and potential fraud. This is where partnering with a check processing company like CrossCheck becomes a game-changer.

Peace of Mind with Guaranteed Payments

Vets and pets both benefit from secure payments. Multiple Check can also ease pet parents' ability to pay.ACH with Guarantee: This innovative solution electronically debits the customer's checking account, offering faster access to funds compared to traditional checks. With a guarantee, you're protected from non-sufficient funds (NSF) even if the customer's bank account has insufficient balance.

Check Verification: Before accepting a check, verification services can instantly screen the check writer's information and bank details against databases to flag potential fraud attempts. This proactive step minimizes the risk of bad checks and protects your bottom line.

Reduce Risk and Improve Efficiency

Check Guarantee: Similar to ACH with Guarantee, check guarantee services provide assurance against NSF checks. This eliminates the inherent risk in accepting a check; risks that include anything from non-sufficient funds to stop payment. With CrossCheck’s Check Guarantee, merchants can rest assured funds will reach their accounts.

Hold Check and Multiple Check: These features allow you to hold a check for a specific period or process multiple checks, typically to be processed over a specified period – 30- 60- or 90 days – which allows the customer time to pay for a larger amount. As a bonus, CrossCheck’s Multiple Check also lets the merchant avoid prohibitive credit card fees.

Embrace Modern Convenience

With Mobile Pay, merchants can conveniently accept checks anywhere.Mobile Pay: Integrate mobile deposit solutions to allow customers to pay with a check miles away from any static check scanner. CrossCheck’s Mobile Pay gives merchants on-the-go the ability to accept a check and process it through a mobile smart device.

CrossCheck’s Tailored Solutions for Every Business

With the diverse needs of different industries, a one-size-fits-all approach simply won't do. Partnering with a reputable check processing company like CrossCheck ensures you get customized solutions that fit your specific business model. CrossCheck, with over 40 years of experience in the payment processing industry, offers a comprehensive suite of services designed to make your life easier.

Don't let check payments slow you down. Embrace the power of check processing solutions and experience faster, safer, and more efficient transactions. Contact CrossCheck today to discuss how our expertise can empower your business!

 

Complimentary Consultation

 

Topics: Dentists, Retail, Veterinarians, Auto Aftermarket, Auto Dealerships, Increase Sales, Auto Repair, Check Guarantee, Check Verification, C.A.R.S., Mobile Pay, ACH

Written by Patrik Jorgensen