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.
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.
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!