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Trilogy Payment Solutions, LP is a registered ISO/MSP of Chase Paymentech
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Check Guarantee and Conversion Programs
Checks are a popular method of payment. Checks give your customers an alternative to cash or credit based transactions. According to a recent Federal Reserve Study, consumers write over 35 BILLION checks annually. And although the Federal Reserve Bank expects the volume of check writing to decrease, it expects an INCREASE in the average face amount of written checks. According to NACHA's recent e-Check Statistics, insufficient or uncollected funds remains the predominant reason for returns of POP transactions. It is incumbent upon merchants to protect themselves from the risk of loss due to accepting a bad check. Trilogy offers two different check services to merchants who accept checks:
Ready to reduce your risk when accepting checks? Call us today at 800-609-7880 and let us help you decide which Check Service option is best for your business. Questions? Send us an e-mail, we will reply as quickly as possible. |
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