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Decide at the point of sale whether or not to accept a check. |
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Bad checks aren't good for business. And since you probably receive dozens of checks every day, your organization is at risk. POSICheck, a subsidiary of General Audit Corporation, minimizes that risk in two ways: 1: POSICheck operates a computerized check verification system designed to minimize check fraud. 2: POSICheck will automatically initiate the collection of a returned check should you receive one. There is no cost to the merchant - the cost of recovery is passed on to the check writer. Check Verification POSICheck helps you decide at the point of sale whether to accept a check or not. This service offers check verification on a national level through our partnership with Intuit and its subsidiary National Check Network (NCN). POSICheck and NCN work by pooling data about check writers from a variety of retailers. Over 650,000 check transactions are processed daily by NCN. The NCN database provides fresh data on people likely to use checks at your locations, providing the earliest possible warning for check fraud or other problems. NSF Check Recovery If a check is returned, POSICheck will initiate the collection of the returned check. There is no cost to the merchant for this service from POSICheck. The cost of recovery is passed on to the check writer. The benefits of POSICheck recovery services include: • 100% face value of check paid to the merchant when collected, plus any incurred bank charges. • Contributes dishonored check data to the POSICheck verification database as well as the National Check Network. • Immediate activation of collection services once a check is received. • Your business is provided, FREE OF CHARGE the resources, knowledge, and experience of a team of professionals that are leaders in the collection industry. • Online check viewing of the front and back of the check through our Client Services iPortal |
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![]() The best technology. •Innovative use of efficient dialing and letter systems •Digital call recording & monitoring •Customized information technology systems •Secure Internet access for clients & patients •Client monitoring & feedback system •Custom client interfaces •Custom reporting capabilities
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