CrossCheck, Inc. Becomes Provider for Heartland Payment Systems Check Programs.ROHNERT PARK Rohn·ert Park A city of west-central California, a residential suburb of Santa Rosa. Population: 42,300. , Calif. -- CrossCheck cross·check tr.v. cross·checked, cross·check·ing, cross·checks 1. To verify by comparing with parallel or supplementary data. 2. , Inc., the nation's largest privately held payment guarantee company, announced the signing of an agreement with Heartland Payment Systems Heartland Payment Systems, Inc. (NYSE: HPY) is a payroll service provider and the 6th largest credit card processor in the United States specializing in small to mid-sized restaurants and retail merchants. Founded by Robert O. , Inc., a provider of payment processing services. Under the terms of the agreement, CrossCheck will provide check authorization services, including electronic check conversion, to Heartland as part of Heartland's suite of payment services for merchants. Heartland Payment Systems provides credit and debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. processing, gift and loyalty card programs and point-of-sale devices and supplies to merchants throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Using CrossCheck's authorization services, Heartland will be able to offer merchants the convenience and safety of accepting low-numbered, out-of-town, even out-of-state checks with confidence. Heartland's check conversion service offers check conversion at the point-of-sale and delivers funds directly to the merchant's account. Merchants benefit because they can consolidate bank accounts, streamline operations and reduce paper handling. Unique features include guarantee and conversion of business checks. "CrossCheck's ability to provide guarantee and conversion was important to the selection of them as our check services provider. They have over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of experience and offer the technology and features we need for our merchants," said Robert O. Carr CARR Carrier CARR Customer Acceptance Readiness Review CARR Carrollton Railroad CARR Corrective Action Request and Report CARR City Area Rural Rides (Texas) CARR Configuration Audit Readiness Review CARR Customer Acceptance Requirements Review , Heartland's Chairman, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President. "We look forward to partnering with Heartland and adding our check services to their merchant processing offerings," said CrossCheck's President and Chief Executive Officer, J. David Siembieda. "Heartland has extensive experience in the industry and we are excited about the opportunities that this partnership can provide." About Heartland Heartland Payment Systems, Inc. (www.heartlandpaymentsystems.com), a provider of bank card-based payment processing services to U.S. merchants, was ranked America's eighth largest card acquirer by processing volume (The Nilson Report 2003). Heartland facilitates the exchange of information and funds between merchants' and cardholders' financial institutions, providing end-to-end electronic payment processing services, including: transaction authorization and electronic draft capture, clearing and settlement; merchant set-up, training, support, accounting, and risk management. About CrossCheck CrossCheck, Inc., (www.cross-check.com) provides check approval for a variety of merchants nationwide. For more than 20 years, its goal has been to increase merchants' profits through improved check acceptance and greater payment flexibility. Annually, CrossCheck handles and guarantees billions of dollars worth of transactions for its retail and dealer outlets. |
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