Check Guarantee for Retailers
Guarantee payment on bad checks
Payment Solutions understands that retailers need their own approach when it comes to accepting checks. We streamline the entire check acceptance process to maximize your efficiency in sales and customer service. Our check guarantee service for retailers allows you to accept checks without using terminals, phones, or maintaining log lists. Field calls and deliveries are covered under our service, so no matter what type of business needs you might have your checks will be covered.
Your customers never have to wait for their checks to be approved. The guarantee process is moved behind scenes, so customers never wait in line or get the impression that you don't trust them. Embarrassing scenes of declined checks will be a thing of the past. When attempting to maximize customer satisfaction, you know that the last impression you leave will be a positive one.
- Guarantee payment on all bad checks
- No authorization needed, customers don't need to wait around
- No check readers, terminals, phone calls, or log lists to maintain
- Accept check payments in the field, our check guarantee service is portable
- Customer checks are never turned down, no tough decisions to make at the point of sale
- Fees are based on actual check returns and not on overall check volume
- Coverage for stop payment checks
Implications of using our check guarantee service for retailers
Eliminating charging fees based on check volume allows more fairness to the fee structure. Conventional programs charge a percentage rate of the total amount of all checks authorized. Put another way, such programs charge fees for good checks as well as bad ones. Since Payment Solutions is not concerned with your gross volume, our monthly fee is quoted based on your check return history. We believe that it makes more sense to base the cost of check returns directly on the problem itself, rather than penalizing you for most of your checks that are good. Payment Solution's fee structure, combined with our non-authorization check guarantee procedures, means that Payment Solutions is the simplest and most cost effective option available to any retail business.