Check Guarantee

PAYTEK Solutions will streamline your checks process so that guarantee of funds and settlement mimic that of credit cards. Whether your business accepts check payments over the counter, in the mail, over the web or over the phone, a customized check guarantee program ensures no losses due to bounced checks. Rates are far less than your average MC/VISA transactions.

Traditional Check Recovery

Traditional Check Recovery can sometimes be the solution without any out of pocket fees to the merchant. We monitor consumer accounts for funds availability and collect directly from the consumer account. We report all delinquencies to a national database and maintain the data until the debt is paid. With thorough reporting, merchants will be better positioned to monitor the status of each check under collection, as well as identify problems in their check acceptance procedures. The ability to monitor information omitted by the cashier provides you with valuable feedback that can enhance your loss-prevention program.