Reduce Exposure to Fraudulent or NSF Checks

The cost of returned and dishonored checks goes far beyond fees assessed by the bank, not to mention the time spent handling dishonored checks and contacting customers in default. Web to Cash™ offers a low-cost, fast and easy method of reducing the risk of returned checks before they are dishonored. 

The Low-Cost Solution

For just pennies per transaction, Web to Cash risk assessment is a proactive approach that can save you hundreds of dollars by reducing the risk of dishonored checks. By using the Web to Cash risk assessment tool, you will verify the check writer's habits against a national database, and will be given positive or negative feedback on your customer, based on their history.  Our risk assessment system will identify accounts with a history of unpaid returned checks, or will warn you when check volume is unusually high, identifying potential fraud. You will receive descriptive responses alerting you of any negative history, allowing you to make an informed decision before processing your customer's check. 

Not only can this low-cost solution have a huge impact on your bottom line, it can also enhance your customer relations. Collections processes can be intrusive and even embarrassing for a customer. This can be avoided by utilizing Web to Cash risk assessment.  If a customer has a negative history, and you choose to dishonor their check, they receive this information from you personally, in a discrete environment. Web to Cash risk assessment will provide your business with a quick and simple method to help protect your bottom line. 

If you are interested in adding risk assessment to your Web to Cash account, contact Ventanex customer service at (888) 321-EBIZ or (210) 581-3200 or email sales@webtocash.com.