CrossCheck Blog

If you've ever wondered about the difference between check verification and check guarantee services, then imagine this scenario: a customer presents you with a check to pay for goods or services rendered. Whether you’re in the finance department of an auto dealership; a veterinarian caring for a sick dog; or a heavy equipment dealer receiving payment from a contractor building a new apartment complex, the payment you receive is crucial to the continued success of your business. You inherently trust the person giving you the check but you’d like to know – to whatever extent possible – that the funds will reach your bank account without any trouble. Trust…but verify, which is the very reason that check verification and check guarantee services exist.

Mobile check verification is the perfect way for a multitude of merchants and entrepreneurs to accept checks using a mobile phone or smart device. Imagine it’s Black Friday and the furniture store has slashed prices by as much as 50 percent in many cases. People have lined up in front of the store waiting for the doors to open. A woman is hoping to be the first to get her hands on the brown leather La-Z-Boy her husband has been eyeing for weeks. She’s not the only one.

It’s a rite of passage for many young fathers: buy a boat and take your kids out on the water to enjoy the sun and the rippling currents. Depending on their age, maybe even let them steer on occasion. And despite a difficult economy, that rite of passage seems an enduring tale.

Much has been made of the inventory crunch in both the new- and used-car markets. The Covid effect has been especially difficult for the auto dealer industry as thousands of new cars are sitting idle, waiting for computer chips that continue to be in extremely low supply. Auto Repair shops are taking note as customers delay buying a new car and instead look to maintain older vehicles.

Getting braces, whether for children or adults, can be a daunting financial challenge, reaching into the multiple thousands of dollars. CrossCheck’s many services can help both orthodontists and parents/patients as they navigate this financial challenge. Our MED-RDC program boasts several services, including electronic processing through Remote Deposit Capture, as well as Check Guarantee and Multiple Check, all of which can insure payment for the provider and payment options for the patient.

According to a recent survey by LendingClub and PYMNTS, 61 percent of Americans report that they are living paycheck to paycheck. Perhaps the most astounding statistic to come out of the survey, however, is the fact that 48 percent of respondents making $100,000 or more also say they live paycheck to paycheck.

The use of home heating oil to stave off the winter cold may seem like an outdated – even archaic – system since the most common methods for heating a home by far these days are either natural gas or electricity. However, there are still some 5.5 million households throughout the U.S. that utilize home heating oil. The vast majority of the homes that still use some form of heating oil are clustered throughout the Northeast, from New Jersey and north through all the New England states. Surprisingly, with new technologies that both improve efficiency, while also improving environmental impacts, thousands of new houses are built every year using home heating oil technology.

In honor of National Pet Dental Health Month, many pet parents will realize just how important it is to take care of their pets’ teeth. Complications for poor dental health can range from fairly mundane bad breath, to much more serious illnesses, including organ failure.

Customers increasingly turn to trucks and SUVs over cars. The advent of “crossover” SUVs made it even more likely a shopper will thumb their nose at a standard sedan. And in many cases, the option of AWD will be a major selling point. Of course, with the improved traction and handling of an AWD vehicle comes additional costs, particularly when it comes to transmissions.

Companionship has been at a premium since the beginning of the Covid pandemic and people have adopted new pets at a rate never before seen. I wrote on this blog about veterinary care earlier this month but it is incomplete without taking into account the extraordinary sales boost the largest pet supply retailers have enjoyed since the beginning of the pandemic, not only from food and treats, but larger ticket items like grooming, boarding, and even in-store vet services.