Check Recovery for Merchants

CollectCheck is a premier check collection solution for retail merchants.  Our system combines cutting edge electronic re-presentment technology with traditional collection methods to provide a complete check recovery solution that is free to merchants. We were one of the industry pioneers that developed the standards and regulatory framework for the electronic re-presentment of returned checks. Using this experience and knowledge base, we have developed a superior check recovery product, Collect Check.

CollectCheck is a FREE NSF check recovery service in which participating merchants receive 100% face value of their collected checks.  Our system provides a completely automated check recovery service which is non-intrusive to your clients and cost-effective to you the merchant.

Our name says it all, we collect checks, and we do it better than anyone else!

The Advantages

• Works for any business that accepts checks for payments
• Higher recovery rates approximately 65% - 80% on average.  Some clients see rates as high as 90%
• Saves you money in fees, time, and administrative expenses
• Strategic presentment of checks to increase recovery
• Non-intrusive collections avoids customer embarrassment
• Collected and released checks are paid the following week
• On-Line reporting
• No long term contract
• NO COST TO MERCHANT

How it Works?

When your customer writes you a bad check, your bank will forward the returned check directly to our collection team.  We will then scan an image and enter vital check information into our computer systems and resubmit the check electronically via the ACH (Automated Clearing House) network.  This is the same system that is commonly used for direct deposit payroll.  At the same time, a collection fee appropriate to the merchant’s state is also transmitted through the ACH network.  If the electronic item returns again, our representatives will then call the bank to verify funds before submitting the item again.  When funds are collected and releasable, you will receive 100% of the fact value of the check that was recovered.

Convenience – Make your life easier!

Speed Pays.  Electronic re-presentment is so efficient that CollectCheck has much higher odds of collecting your money for you.  Faster re-presentment means faster recovery!  Traditional check collection methods take 30 to 90 days but with CollectCheck you will see results in as little as 15 days.

CollectCheck is much faster and more convenient than any other method available.  You will never have to spend your valuable time collecting returned checks.  The best thing about our system is that it doesn’t cost the merchant anything!

Contact us today to improve your check recovery and see for yourself the efficiency that CollectCheck offers!