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Check Pursuit
Check
Pursuit is a free recovery service to you and your business customer
that helps take the time and hassle out of dealing with bad checks.
Check Pursuit will track down for recovery any bad check deposited
by your business customer, convert it into an electronic draft
and begin monitoring the bad check writer’s account for up to
75 days. When sufficient funds become available, the transaction
will trigger and the recovered funds will be deposited back into
the business' account, including the bank’s charge-back fee. Check
Pursuit averages over 85% in successful recoveries.
Check
Pursuit
Consumer Advantage
Most
merchants are not in business to collect or profit from bad checks.
Dealing with bad checks comes with the territory and is simply
a hassle they would prefer to avoid. As a customer of Check Pursuit,
they will no longer have to concern themselves with warrants,
unwanted and time consuming collection calls, and will avoid the
risk of additional fees incurred for re-presentment, in cases
where the check is still bad. And since Check Pursuit tracks the
check, not the check writer, their customers will not be called
or harassed. They can even view the front and back image of their
check online via a secure Internet site and track its progress.
At any time, they can have one or all of their checks returned
to them – no questions asked.
With
Check Pursuit working behind the scenes to recover their bad checks,
businesses can get back to doing what they do best – running their
business, not collecting bad checks. They will appreciate Check
Pursuit because it will save them time, hassle, and money.
Check
Pursuit
Financial Institution Advantage
Check
Pursuit offers your institution the opportunity to promote a unique
and valued service that will distinguish your business checking
account from those of your competitors. It may also give you the
ability to further justify or raise your current charge-back fee
and will generate additional revenue by allowing you to share
in a percentage of every check recovered on behalf of your merchants
through Check Pursuit.
Now,
for the price of your standard charge-back fee, you will be doing
much more than just returning a bad check, you will be providing
a unique and free valued service.
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