FOR IMMEDIATE RELEASE
Petaluma, Calif. (October 16, 2018) — Payments guarantee company CrossCheck celebrated its 35th anniversary on October 15 with afternoon socials featuring cake and ice cream for employees in Petaluma and Irving, Texas. The privately owned firm was established in 1983 with the goal of creating cost-effective check processing services that offer the highest approval rates in the industry. Over the years, the company has provided payment solutions to hundreds of thousands of U.S. merchants while experiencing growth via diversification and new business development.
“CrossCheck’s longevity is the result of evolving with an ever-changing marketplace and providing payment solutions that help merchants increase profits,” said President and CEO J. David Siembieda. “The Federal Reserve Payments Study and other research indicate that checks are still the preferred method of making business payments and large consumer purchases.”
CrossCheck’s Check Guarantee, check verification and Remote Deposit Capture services enable merchants to mitigate risk, increase revenue and simplify transactions while saving time and money.
Furthermore, a suite of premium services offers added value for industry verticals such as retail automotive, home furnishings or veterinary care. For example, Multiple Check provides flexible payment options for consumers needing extra time to pay while Check on Delivery guarantees the sale of delivered building materials and auto parts.
In October 2016, the company launched Focus, a desktop application offering merchants a virtual terminal for convenient check processing.
In April 2017, CrossCheck partnered with CenPOS, a company offering innovative cloud-based payment acceptance solutions, to facilitate services such as Electronic Bill Presentment & Payment, Recurring Billing Systems, and check processing and guarantee.
CrossCheck maintains an A+ rating from the Better Business Bureau (BBB) and belongs to notable national, state and local industry affiliations in financial services, automotive, auto aftermarket, building materials and home furnishings.
Finally, employees frequently contribute to a variety of philanthropic efforts, including the Alzheimer’s Association, American Cancer Society, Redwood Empire Food Bank, Salvation Army’s Angel Tree program and numerous American Red Cross campaigns.
About CrossCheck
CrossCheck, Inc., an established leader in the payment solutions industry, processes billions in check-transaction dollars annually throughout the United States. Since 1983, it has helped increase profits and reduce risk for businesses in verticals such as automotive, auto aftermarket, building materials, home furnishings, specialty retail, medical-dental and veterinary by providing efficient and affordable check verification, guarantee and conversion services. CrossCheck’s suite of services includes check conversion technology, web-based transactions, remote deposit capture and premium products for specific industries and applications. The company has offices in Petaluma, California and Irving, Texas.
