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NSF Check Collection

 
The average merchant doesn't have the time or the desire to staff an office and learn a complicated check collection software system, regardless of how good it is. 
 
But they don't want their customers to be automatically referred to a check collection agency either, as that can damage the relationship that exists between company and consumer. 
 

Check Chase Online - Electronic Check Collection

 

Check Chase Online is an Electronic Check Collection solution offered by Check Assist, a leader in electronic check services. Check Assist's electronic check collection services are used by banks, utility companies, collection agencies, RCK processing companies, and retail outlets throughout the US. Our broad footprint in this market provides us with a unique knowledge of the ever changing needs of the industry, and our product offerings had evolved over the years to address those needs.

The current landscape requires a solution that fits into the space that exists after the bank has returned an NSF item and before the NSF item is sent to a collection agency... a space we refer to as "pre-collections." It's a time where the low hanging fruit can be picked and it is in this pre-collection space where Check Chase Online was designed to operate.

In the pre-collection environment, Check Chase Online will separate the returns that are eligible for electronic check collection from those that are not. The software will then electronically represent the eligible returns through the ACH network and forward only the ineligible items to your internal or external check collection agency or department. Collected money is credited back to your account much more quickly and the merchant-customer relationship is preserved.

 

 

Create A Profit Center!

 
Check Chase Online is designed to be used by any company (regardless of size) that wishes to redeposit returned checks or failed ACH transactions, electronically through the ACH network.
 
There are no charges to use the system and you will receive 100% of the face value of each check and share in the State Authorized fees that are collected electronically.