Check Guarantee Services
The 1NPS Check Guarantee service is a simple, secure process at the point-of-sale. To guarantee a check, merchant simply enters customer’s account information into the point-of-sale terminal, credit card machine or cash register. In seconds the check is authorized from a database of millions of records, accessing both local and national negative files of unpaid checks.
Through the continuously updated database the transaction is profiled using proprietary shopping patterns with check writing histories drawn from subscribing customers. As a result a merchant never has to lose a sale or delay a customer because of high check writing activity. In addition, if an authorized check does not clear, 1NPS quickly purchases it for the full amount, up to the check limit. The reimbursement process is simple, will improve cash flow, reduce your administrative expenses and allows merchants to increase sales without increasing risks.
In the complicated world of business, 1NPS Check Guarantee service allows merchants to strike a balance between managing risk and providing the kind of service customers expect. Programs are available for all business types including retail, small ticket, high ticket and mail order.
Check Guarantee Benefits
- Streamlines check approval at the point-of-sale and helps prevent check losses before they occur.
- Accommodates checks from anywhere in the U.S. or Canada.
- Provides full purchase of returned checks
- Eliminates the cost of collection on dishonored checks.
- Available 24 hours a day, seven days a week.
Interested in what 1st National can do for your business? For more information, please give us a call or drop us a e-mail. Between our well rounded inventory, Class A Settlement Banks & Processors, and a full suite of Merchant services, our talented agents are sure to be of value.