Check Verification and Collections

If you are looking for a low cost check verification and collection program, 1st National has the solution. To use the system, a merchant simply verifies all checks through our national negative database to see if the check writer has any outstanding check(s) in the system. In seconds the transaction is verified through the database of millions of records using all U.S. and Canadian driver’s licenses and state-issued identifications to meet established guidelines.

Transit routing numbers are verified as well when the checking account number is used as a parameter. If no outstanding checks are found, the system will submit an approval, signaling the merchant to accept the check.
If for any reason the check is returned, the merchant simply sends the check to 1NPS for collection. The check writer will be added to the negative database and the collection process begins. As an alternative to check guarantee this alternative is available for only pennies per transaction.

Combining verification with collection services, merchants receive a comprehensive risk management program designed specifically to meet the needs of most businesses. Verification and collection service from 1st National lets merchants spend more time making sales and less time chasing losses.

Benefits of Verification

  • Increases sales by allowing merchant to accept more checks with reduced risk.
  • Verifies checks from customers anywhere in the U.S. or Canada.
  • Validates driver’s license and bank MICR number.
  • Processes transactions electronically within seconds 24 hours a day, seven days a week.
  • Costs only pennies per transaction.

Interested in what 1st National can do for your business? Give us a call or complete our “quick quote” request. Between our well rounded inventory, Class A Settlement Banks & Processors, and a full suite of Merchant Services, our talented agents are sure to be of value.

Toll Free: (877) 964-1622

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