After the umpteenth bounced check in a single year, you might start thinking it’s time to take your business “into the modern age” and ban check payments altogether. However, don’t rush to make a decision without fully analyzing the situation and weighing the pros and cons of accepting check payments. Bounced check collection services can help you more than ever. Also, checks can complement cash, credit card and debit card payments — and can in fact offer more advantages than any of those.
Are You Losing Revenue Because of Bad Checks?
If you’re losing income because of bad checks, you need the right bounced check collection service. At Global Check Recovery, we never charge the business owed money any fees at all, which means you’ll get the full amount owed — not settle for a fraction of the price or give up on the check altogether. With us on your side, losing revenue because of will become a worry of the past.
How Often Do You Receive Checks?
Most customers will pay with credit or debit cards or even cash. However, if you still have even one customer who prefers check payments, you may lose that customer to a competitor if you stop accepting checks. We have no minimums when it comes to using our bounced check collection services. So even if it’s just one customer, you’re covered.
What Will You Stand to Lose if You Stop Accepting Checks?
Checks offer you more protection than cash because a delinquent client could pretend she wasn’t late with a payment or argue she overpaid, and you’ll have no way to prove it with a cash payment. Credit and debit cards offer vendors more protection, but they also charge fees for their services. Checks are often the safer, less expensive way to accept payment. Especially since bounced check collection method and services have become more advanced.
Knowing that with Global Check Recovery, you can always get the full amount owed to your business (so long as the check is written for $2,500 or less and is fewer than 180 days old), there’s no reason to stop accepting check payments. We require no minimum number of checks and don’t make you sign any multiple-check service contracts — and we do it all without charging you a cent. Contact us as soon as your business needs help with bounced check collection!