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Jan 06

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Taking Paper Checks? Back ‘Em Up!

Writing ChecksMany businesses face the fact that their goods are not recoverable in the event of non-payment. So when they get an NSF check, it’s a near catastrophe. The goods are gone, the money is a no-show… [Insert painful stress headache here.]

Check services can offer assistance when things go south. But they can also be a hassle when they don’t want to pay and frankly, they’re not terribly cost effective in the long run.

What can be effective is to require a credit card as a back up at the time the order is placed. This is a great strategy for on-sight deliveries. The truck gets a check before the goods are unloaded, the check is later processed, if the check bounces, the credit card number is used.

Permanent link to this article: http://c2cresourcesblog.com/taking-paper-checks-back-em-up

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