CrossCheck Blog

Verify and guarantee a check instantly with CrossCheck! CrossCheck has developed a model for cost-effective and fast Check Verification and Check Guarantee that has attracted and made clients of the largest auto-dealer chain in the country, as well as some of the nation's largest veterinary chains, restaurant supply chains and natural gas delivery services. Our Check Verification and Check Guarantee services are an ideal option for all purveyors of goods and services, and especially for any business that operates on tight margins - which these days includes anything from auto dealers to grocery stores - where credit card fees will quickly turn cost prohibitive.

CrossCheck's ACH Pay-by-Link with Guarantee is the convenient payment solution for any business. Frictionless payments via email or text will also enable merchants to set up payments with tokenization, meaning customers only have to enter their information once. With credit card fees at high rates, checking accounts are still often the preferred method of payment, and our ACH Pay-by-Link is a superior, easy way to save customers from credit card interest rates, and save the merchant from high credit card fees. Once customers get the ACH Pay-by-Link as a text or email, they can enter their info on a phone or tablet and CrossCheck will handle the rest.

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.

Mobile Pay is the perfect way for merchants and entrepreneurs to accept checks using a mobile phone or other smart device. The CrossCheck app will turn any smart device into a powerful POS solution, allowing any business to quickly and securely accept a paper check by simply taking a photo of the check and depositing it remotely. Whether you have a brick-and-mortar location or you are a mobile merchant or service provider, CrossCheck’s Mobile Pay will come along for the ride.

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.

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.

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.

Seven-year-old Ralph (or Ralphie, as his friends call him) comes into your office. You’re his optometrist and you’ve just fitted him for his first pair of glasses. Ralphie has struggled in school because of headaches and vision problems, which in some cases have even resulted in behavioral problems because he feels unsure whenever he is asked to read something off the board at the front of the classroom.

A recent study by the Federal Consumer Financial Protection Bureau (CFPB) has determined that the issuance of credit cards has declined significantly since the start of the COVID pandemic. According to the study, the success rate of credit card applications dropped from 45 percent in January 2020 – the start of the COVID pandemic – to approximately 30 percent a few months later.

It is common knowledge that furniture sales spike immediately after the holidays as stores slash prices in preparation of new styles and inventory that typically arrive in January and February. When store owners put out the large “For Sale” signs, tie balloons to their front façade (not to mention placing the occasional inflatable sky dancer in the parking lot), they are hoping for a rush so they can clear out the sales floor ahead of new inventory arrivals.