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Tips for merchants to reduce your bad checks...
• Check ID and photo. If you're still
not sure, ask for two forms of ID.
• Place all information on the front
of the check.
Phone number, Driver's license state & number.
• Check the edges of the check -
if no perforations, be cautious.
• Verify that the bank name and
location are imprinted on the check. Believe it or not, fraudulent checks are sometimes cashed with no bank
listed on the check!
Businesses that do not
accept checks lose money.
The key is to find ways
to screen out the doubtful checks and provide this service for the majority
of customers whose written word is as good as gold.
The American Bankers Association puts
the dollar amount of bad checks at $850 million last year, up 43% in
two years. Your share of that loss could be significant and it can be
eliminated. There are over
one million dollars of bad checks written EVERY DAY in the United States!!
Remember, there are TWO TYPES of customers,...those
who write you a bad check by accident...and those who do it on purpose.
Most businesses want to preserve the customer relationship with the
accidental check writer, while providing an effective deterrent to the
chronic bad check writer. Let CHECKSAVERS be your professional solution
to this problem. Our electronic recovery services allows all parties
to retain a high level of personal and professional dignity since our
services are transparent, and require no additional customer contact.
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