Check Verification
Say "Yes" To Checks With Sterling's Check Verification
What is Check Verification?
Groups of Merchants used to get together and share information about "bad checks" - checks that were received in exchange for purchased goods or services, but then were returned to the Merchant unpaid by the bank or other financial institution on which the checks were drawn. Merchants then could choose to refuse to accept checks from people whose checks had previously "bounced" with one or more Merchants in the group.
Sterling Check Verification services are the automated version of this bounced check protection service. The verification process consists of 3 simple steps:
- Swiping the check through the reader at the time of acceptance
- The account number is then instantly compared to a central database of existing "bad" numbers. Unlike standard verification, Sterling Check Verification also searches the database against check numbers that are "impossible" and "defective" in addition to account numbers that have been used at a number of local merchants in a short period of time. By adding these extra features, it assures that the Merchant can avoid being victimized by the typical techniques used by organized criminals, as well as people who are unable to control their spending.
- If the account number is in the database, the Merchant refuses to accept the check and can request alternate forms of payment thus avoiding any loss.
It's Easy To Get Started
Sterling's Check Verification services offer Merchants the ability to once again accept checks as a form of payment while avoiding many of the risks associated with paper transactions. To find out more about how our check services can help your business, call us toll-free, at
877-GO STERLING (467-8375) or click here to request more information...
