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As Credit Card Discount Rates and Merchant Fees Continue to Rise, Many More Businesses Return To Paper Checks

24 May 2005

As credit card discount rates and merchant fees continue to rise, many more businesses are returning to paper checks as their preferred method of payment.

They are doing this because now there are no longer any costs associated with the occasional bad check, now that these businesses have become customers of a completely free service called NeverABadCheck.com.

Neverabadcheck.com offers a “check guarantee” service to quick service restaurants, family style dining establishments, convenience stores, gas stations, dollar stores, and other businesses. The only requirements are that the check be imprinted with the customers name; address and phone number, be under $50.00, and not be on that stores ‘hot check list.’ That is right, the bad checks (only the bad checks) go directly to them, and they pay you for each bad check within 30 days or as soon as it is collected.

They know that every dollar counts and the business owners do not have the time or resources to collect bad checks. NeverABadCheck.com assumes all of the risks of taking checks. They pay you on every check including NSF, account closed, stop payment, fraudulent…all checks up to three checks on an individual.

Taking checks is still very profitable for businesses. According to a recent Cardservice International study, cash still accounts for the vast majority of all purchases. However, paper checks are a close second. Even in an age of electronic banking and online commerce, the paper check accounts for nearly 65% of all non-cash transactions in American business today.

Because they make their money off the allowed state fees, the program is absolutely free to businesses. Each business is provided a personal web page where they can easily access all of their information 24/7.

John McRae, owner of NeverABadCheck.com promises, “Our great customer service will make your life easier. If your customer wants to pay the bad check at your store, just notify me and we drop them from your stores “hot list”.

NeverABadCheck.com is an affiliate of Restaurant eFund. They have been successfully performing this service for thousands of businesses since 1998.

Contact:
John Mcrae
972-743-6897

Source: PR Web


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