Throughout the year, business owners maintain their holiday “wish lists” which inevitably include skyrocketing sales and lower operational costs-contributing to the be-all, end-all profit margin. While sales figures may be affected by pricing, quality of goods and marketing, there exists a simple way to help thousands of business folks lower their operational expenses. A check recovery program offered by our merchant account company seems “magic-like,” helping to keep a business’ steady stream of profit flowing.

A description of this check recovery program follows: Any business that accepts point-of-sale checks can get NSF check recovery and, if necessary, collection service – both for free. This defies the “too good to be true, so it probably is” principle. Here, any check that bounces may be forwarded to our processing center. The check is then entered into a database and re-submitted electronically up to two additional times through the Automated Clearing House (ACH) network.

When the funds are collected and released, the business owner receives 100% of the face value of the check plus a possible rebate of 20% of the state-determined customer penalty fee (typically ranging from $15-$40). In the untoward circumstance that any check remains NSF after the electronic process, it is automatically forwarded to our Paper Collections Department. Upon collection, the business owner still receives 100% of the face value of the check-a radical departure in policy from any other collection agency.

In signing up with our merchant account company’s program, a business owner may now embrace the concept that “the best things in life are free.” He/she secures free electronic attempts in the collection of NSF checks and then, if necessary, “hires” the services of a certified and licensed collection agency at no cost. This should dramatically reduce an owner’s operational expenses and maximize cash flow.

The NSF check recovery service is ideal for any retail business, institution (e.g., hospitals), professional service (e.g., medical, dentistry, etc.) or any enterprise that accepts point-of-sale checks. Indeed, checks need no longer be perceived as a “necessary evil” for doing business.