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This amazing service was
founded in 2001 to offer Electronic Check Recovery to businesses.
Our mission is to provide
a valuable service and excellent personalized attention to our
customers. We use innovative technologies to simplify the recovery
process of returned checks for both merchants and check writers.
This system is helping merchants nationwide recover more funds
lost to returned checks, while eliminating the costs involved.
This revolutionary FREE
automated system collects more of the merchant's NSF checks
faster, and reduces their collection costs to zero. Our system
uses electronic recovery methods that allow us to debit funds
directly from the check writer's bank account. Using our service
for electronic re-presentment, merchants avoid all second and
third bounce fees. Merchants will receive 100% of the face value
of the checks we recover. The check writer pays our fee, so the
cost to the merchant is zero. Because we verify funds availability
before any re-presentment attempts, we can successfully recover up
to 85% to 95% of all returned checks
electronically.
Conventional methods such
as telephone calls and letters are part of our full service, used
for those checks where the funds have not been available for a
period of 30 days or more. It is also the method used to collect
checks that cannot be collected electronically, including closed
accounts, business checks, checks over $2,500, or checks returned
marked refer to maker. This is one of the many aspects of the
service that makes our revolutionary FREE check recovery system
stand out from competitors - we provide full service recovery.
This system makes check collection a whole lot easier.
The benefits of using
this incredible FREE check collection system:
- The service is absolutely free to
the merchant.
- The merchant's recovery rate on
NSF checks can improve by as much as 50%.
- No returned check fees will be
charged on second or third bounces.
- The process is completely
non-intrusive for the check writer.
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