JUSTCHEX Online Verification Adds Instant Bad Check Detection

Oxnard, CA – JUSTCHEX, LLC, (“JU$TCHEX”) the leader in online processing of returned checks for payment, announced today that they are now providing online access (chexmessaging.com), with search engine simplicity to instantly verify checks before accepting them. Online Verify will return results for personal, business and payroll checks. The service is intended for dentists, cable companies, wireless providers, schools, cities or any organizations that accept checks in an office environment with Internet access.

Online Verify is available to clients of JU$TCHEX, as well as the clients of any other check recovery or collections company. Clients that are not interested in changing their existing check recovery provider are not required to do so to enjoy the front-end loss prevention value that online check verification provides. As a direct benefit of weeding out these ?worst? checks, clients should produce significant improvement in their overall collection rates, while exerting less time and effort.

“Online Verify will enable our clients to detect bad checks (including closed accounts, repeat offenders and zero balance), providing a simple way to manage their check acceptance process”, according to Richard McShirley of JU$TCHEX. ?The speed, accuracy and accountability of the response should make Online Verify a standard operating procedure.?

The client enters the routing and account numbers securely online and within seconds the system queries combined databases that include up to 200 million check writer accounts and replies with a result. There is a small service fee per response. The system replies include ?YES? for an open, funded account; ?NO? for a closed account, repeat offender or a negative balance account. Details of all responses are also instantly added to the client?s reporting list on the web site as a cross reference.

Valued-added functionality includes ?velocity?, to control how many checks a client will accept from the same checking account in a client-defined period of time. Velocity is one of the reason codes for a ?NO? response to enable client to decide if all ?NO? responses are not to be accepted. As an example a ?NO (N)? indicates an unpaid NSF check, or checks in the database, while a ?NO(C)? warns of a closed account. The company plans to add check guarantee options utilizing Online Verify in the fourth quarter of this year.

About JU$TCHEX
JU$TCHEX is an IBM business partner that provides mobile and fixed loss prevention, electronic recovery and collections. JU$TCHEX provides service to thousands of client locations. Service models and functionality are available to meet the needs of small, franchise, mid-market and enterprise clients. JU$TCHEX has positioned itself as a leader by listening carefully, thinking ahead, and moving with purpose to provide clients with access to the best solutions. JU$TCHEX is a registered service mark of JUSTCHEX, LLC.

For more information please visit justchex.net, or call JU$TCHEX at 805-604-4472.