Independent Retailer
As an independent retailer you know check cashing is a great add-on service for your customers and brings people into your store; but there are inherent risks. Many retailers are using hand written lists and manual tracking, which requires a lot a management oversight; taking you away from other important aspects of your business. With Paycheck Secure you can grow your check cashing business, increase profits and enjoy reduced fraud.
- Minimize check fraud
- Speed transaction time
- Increase revenue
Power of Biometrics:
- Accurately verify a person’s identity with the touch of a finger
- Confirm their check cashing history
- Access the nation’s largest biometric check cashing database. When someone with a negative check cashing history presents a fraudulent check, your clerk can easily decline the transaction before the check is cashed, saving money that may have been lost to fraud.
- Customers like it. There’s no ID required after enrollment and transaction time is faster.
Web Reporting:
- 24/7 online reporting
- View system totals, customer information and transaction information
Velocity Settings:
- Minimize fraud exposure by limiting customer check cashing frequency
- Limit the number of checks accepted within a specified number of days
Returned Item Reports:
- Prepare for bad check recovery,
- Includes the bad check writer’s photo, fingerprint images, contact information and images of the check
Privacy:
- Customer information is not shared with other locations, unless:
- Paycheck Secure system recommends a "decline" and there is negative information in the system about that customer, you will see the name of the merchant or bank who reported the negative information.
- Stores are within the same chain.