� Did you know that 1-2% of checks are going to bounce? You work too hard to let 1- 2% of your sales get away.
� With CybrCollect, YOU manage your business, while WE efficiently collect your bounced checks!
How much does it cost to take checks?
That can be a tough question. You also may ask, �How does that compare to my expense to take credit and debit cards?� CybrCollect can help you answer those important questions with our new Executive Analysis Report (EAR).
This Web-based, interactive program will automatically calculate your total cost to take checks as a percentage of sales. All you need to do is contact one of our representatives. Contact Us!
Why is CybrCollect better than the competition?
� A proprietary software program identifies those checks with a high probability of being collected the same day we receive them.
� An in-house collection technique that most of our competitors don�t use.
� Industry insiders have compared our results to competitors who don�t do this and found that our success rate is 25% higher!
� Special nation-wide banking arrangements that get the bad checks into our hands 5-7 days sooner than our competitors can get them.
� When you combine this with our daily fraud alerts, you can cut off bad check writers a week before any one else!
� Our Bank Fee Reduction Program drastically cuts your returned check fees.
Here�s how it works:
We electronically access the bank accounts of anyone who has written a bad check to collect the amount of the check ~which is returned to you in full ~plus a state-authorized collection fee that we keep for our services. We can electronically debit accounts for checks written on any bank in the Federal Reserve System.
Avoid embarrassing your customer.
Bad checks are often the result of an oversight or simple mistake on the part of otherwise good customers. Our electronic collection methods eliminate embarrassment to you and your customers. Your customers won�t receive threatening or harassing phone calls or collection letters, and they won�t have to deal with the added time and expense of getting money orders or cashier checks to cover their debts.
What happens if one of our good customers bounces a check?
You always remain in control of your own checks. We will return any check or fee to you or your customer at any time�no questions asked!
How does the Daily Fraud Alert work?
Each day our computer scans our database for people who have written three bad checks in the last 30 days. It then sends an e-mail or fax warning to any customer who has taken a check from that check writer.
Will the CybrCollect service work in my state?
We can electronically debit accounts in all 50 states for checks written on any bank in the Federal Reserve System.
Do I need to use check verification or check guarantee?
From a cost/benefit stand point, only about 15% of businesses actually save money this way. After you use our verification service for three months free; we will analyze your account and tell you if check verification or check guarantee will help. If you need our verification service, a one-time only equipment cost for a stand-alone check reader/input pad unit of $325, less than half of what other vendors charge. Also a monthly charge of $0.07 per check or $25, which ever is higher. Our guarantee is: If your declined check amount does not exceed your monthly invoice, your service is FREE for that month�it either pays for itself, or it�s FREE!