CrossCheck Blog

The Southeast Acquirers Association (SEAA) conference in New Orleans was a whirlwind of insights and discussions. A major talking point? Surcharging and the potential impact on both merchants and consumers. There are sure to be many more discussions during the Midwest Acquirers Association (MWAA) happening now in Chicago and CrossCheck’s own VP of Partner and ISO Relations Travis Powers will be on hand to answer questions and offer solutions to take to your merchant clients.

There are inherent risks associated with accepting a check for goods or services, which is where check guarantee services come in. However, not all check guarantee services are created equal when it comes to risk aversion and often will decline a check - particularly for large-ticket items - as the risk increases with the dollar volume.

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.

According to the Association of Equipment Manufacturers (AEM), both sales and rentals of heavy equipment for the construction industry is expected to climb after the new year, even on top of a decent sales increase during 2021. In order for heavy equipment sellers to take advantage of that growth and secure each sale, CrossCheck has developed services that will ensure payment on everything from rentals to the purchase of big-ticket items, with our Multiple Check, Check on Delivery and Check Guarantee.

John is a building materials supplier. He has just received a wish list of innovative materials from a general contractor who is building an office and lab for a tech manufacturer. John knows the wish list is expensive but is excited to be part of creating what promises to be a structure that will revolutionize the construction industry and hoist it into tomorrow.

If anyone knows about cold, it’s the Russians. Humans and animals have waged war with vast stretches of frozen tundra for millennial, but what could those warm-blooded mammals possibly have in common with modern heavy equipment? … The answer is starting up on a frigid morning. An article published by phys.org on January 31, 2017 unveils an innovative technology developed by a consortium of Russian scientists and techno-bureaucracies that can start heavy equipment and aviation engines at temperatures down to -60° C (-76° F).

Every once in a while, someone invents a better handle, better mousetrap, or in this case, a better way of training construction crews. Crane Service Inc. of Albuquerque, New Mexico commissioned ProspectMX of Lancaster, Pennsylvania to generate what must be the definitive infographic about crane operator hand signals. The Crane Operator Hand Signal Guide uses simple animation to demonstrate the proper way of assisting crane operators from the ground in the heavy equipment industry.

In a world where technology is reshaping personal and business relationships, MachineryLink has joined the sharing economy while revolutionizing heavy equipment rentals for agricultural dealers, retailers and farmers. Redefining community, the company is bringing farmers and dealers together from across the US, expanding the range of what one might consider their neighbor while maintaining small-town values.

There is good news and bad news for anyone purchasing a forklift. First, the good news: there are dozens of web sites providing advice about purchasing new and used forklifts. Now, the bad news: there are dozens of web sites providing advice about purchasing new and used forklifts. The breadth and depth of online information is truly overwhelming. Researching a forklift purchase is different than researching most other goods. If one searches for “top rated cars,” Google returns 16M results. On the other hand, entering “top rated forklifts” is about as fruitful as looking for “top rated vacuums” — 648,000 and 729,000, respectively. There is also a huge contrast in the types of informational sources.

Heavy equipment is probably not the first thing that comes to mind while considering tourism, sports or groceries, but that equipment certainly plays an active role in each of those verticals. From Snowcats and ice skating rinks to luxury liners and baseball parks, heavy equipment saves time and energy while providing an irreplaceable resource to modern business. The use of heavy equipment is so ubiquitous in America today that it frequently blends into everyday life unless it becomes weird like dinosaur-shaped sugar cane harvesters or immeasurable like mammoth coal mining cranes. Furthermore, other industries use it in ways that surprise and delight those having a penchant for popular culture.