Electronic Check Recovery (RCK)

PAYTEK gives you the ability to represent your checks electronically.  This product will save you time and money in the costly collection process and eliminate bank depository fees. You can electronically re-deposit NSF checks twice, providing up to three opportunities to recover your funds. With a combination of strategic timing and faster processing, you will experience an increase in recovery rates.  Our web-based RCK System will virtually eliminate the expense of lost revenue due to NSF checks. 

 

Benefits

  • 100% face value of paid returned items deposited into your bank account

  • Increase revenue by collecting NSF fees electronically

  • NSF checks can be collected without verbal communication

  • Electronic items can be strategically timed to increase collection rates

  • 24/7 access to images of NSF checks available via our secure website

  • No equipment needed

Online Payment Systems