CrossCheck Blog

Commercial checks are carrying more weight than ever. Over the past decade, the average value of a commercial check has climbed dramatically, highlighting their ongoing role in high-dollar transactions across many industries. Even with ACH, credit cards, and instant payment options gaining traction, checks continue to serve as a reliable and trusted choice for large-dollar B2B transactions. Many businesses still value the physical exchange, established routines, and straightforward recordkeeping that checks provide.

Rising treatment costs and tighter household budgets are making it harder for veterinary clients to say “yes” to recommended services. That means pets may miss out on timely care and clinics may lose revenue they have already earned.

BNPL Alternative for U.S. Merchants: How Multiple Check Premium Works Buy Now, Pay Later (BNPL) services like Klarna and Afterpay have gained popularity because they let customers split purchases into smaller payments. While these programs work for some buyers, they are not the only way to offer pay-over-time flexibility.

In a world of digital payments, mobile wallets, and contactless transactions, many businesses assume that checks are outdated—but that couldn’t be further from the truth. While credit cards and digital payments dominate headlines, checks remain a crucial part of business transactions, especially for industries that rely on high-dollar purchases and cost-effective payment processing. According to the 2022 Federal Reserve Payments Study (most recent study), checks accounted for $26 trillion in processed payments. While check usage has declined over time, it remains a key payment method for businesses looking to reduce costs, improve cash flow, and offer customers flexible payment options. Accepting checks—especially with a check guarantee service—can be a smart financial decision in 2025 and beyond.