CrossCheck Announces New Conversion Service For Accounts Receivable Checks.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. announced the introduction of CrossCheck Business Office Conversion Plus(SM), a check conversion and guarantee service for consumer and business checks including accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying checks. Businesses can use this service to electronically convert paper checks accepted at the point-of-sale point of sale n. pl. points of sale A business or place where a product or service can be purchased. Also called point of purchase. point or sent in for payment resulting in faster, easier check handling and eliminating the need to take the checks to the bank for deposit. The checks can be processed through a terminal or by using a PC with an imager. CrossCheck, the nation's largest privately held check approval and guarantee company, will make this service available to businesses using the CrossCheck Conversion Plus(SM) service. With this service in place, check information is sent through a POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale terminal or by PC using the CrossCheck web site and funds are ACH'd into the merchant account. Their conversion service includes conversion of business checks and can be used for mailed-in accounts receivable checks. "We're excited to have this service available to meet the needs of businesses that receive checks by mail for payment and are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a convenient and inexpensive way to process all of their checks, even business checks," said J. David Siembieda, president and 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. of CrossCheck. "Conversion allows them to reduce the time spent away from the office for trips to the bank. That's a great advantage for small retailers and medical offices with limited staff." CrossCheck Business Office Conversion Plus also enables multi-location businesses to have their checks converted and deposited into one main account. Included in the service is free online reporting which provides transaction activity including check status and funding information. About CrossCheck, Inc. CrossCheck, Inc. provides check approval and guarantee for a variety of merchants nationwide. For more than 20 years, its goal has been to increase merchants' profits by allowing them to accept more checks and to provide their customers with payment flexibility. Annually, CrossCheck processes and approves billions of dollars worth of transactions for its retail and dealer outlets. CrossCheck is known for industry firsts and cutting-edge technology. Call (800) 654-2365 or visit www.cross-check.com for more information. |
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