CrossCheck's Auto Industry RDC Solution (C.A.R.S.) is a suite of check guarantee solutions that includes three essential CrossCheck services: Remote Deposit Capture (a type of electronic check processing), Multiple Check (a future deposit function accepting up to four guaranteed checks for one sale or down payment), and Check on Delivery (for dealerships to pre-approve the payment of delivered parts orders).
At the dealership, paper checks are scanned and transmitted to CrossCheck via our desktop or mobile applications. Dealerships enter additional consumer and purchase information as needed, and receive funding to their business accounts in 48 – 72 hrs or less.
C.A.R.S. is a popular service among new and used car dealerships as well as businesses with similar needs (e.g. power sports and heavy equipment dealers).
C.A.R.S. helps auto dealerships increase sales and mitigate risk while saving time and money by eliminating claims submissions, bank visits to deposit checks, missed deposit dates, the collection of bad checks, and more:
The Multiple Check and Check on Delivery premium services provide additional benefits.
Multiple Check allows buyers to drive vehicles home on the purchase date without credit or credit checks, and simultaneously, enables dealerships to complete more sales. The service is easy to use.
Consumers write up to four checks for one sale or down payment, all with the same purchase date. Dealerships deposit the checks over a specific window (usually 30 days) on dates selected by consumers, then receive guaranteed payment from CrossCheck as each check is deposited in their business accounts.
Check on Delivery (COD) offers the flexibility and security of pre-approving checks over the phone without having the actual check in hand. The service is tailor-made for delivered auto parts because payments are guaranteed before the delivery trucks roll. Here’s how it works.
The parts department receives an authorization number after entering the estimated sale amount and the customer’s phone number on CrossCheck’s online portal. Drivers deliver the order and pick up a check payment. Back at the dealership, the check data is captured with desktop imagers and sent to CrossCheck via its online portal where dealers enter the final amount and check number. The payment is now guaranteed by CrossCheck.
