CrossCheck, Inc., a leading provider of payment guarantee services and technology announced an agreement with Transworld Systems Inc., a leader in debt collection, to provide their check authorization systems for Transworld?s check guarantee service, part of their GreenFlagsm Profit Recovery Program. The GreenFlag Check Guarantee program will be marketed nationally by Transworld Systems to new and existing customers. Both companies are headquartered in Rohnert Park, California.
The GreenFlag Check Guarantee service offers merchants check payment guarantee by reimbursing the merchant for checks returned from the bank unpaid. A multiple check payment program and stop payment protection are also available with the guarantee program.
Transworld Systems provides recovery services on check and credit card debt and delinquent accounts for a wide range of businesses including banks, hospitals, retailers, universities, cities, and manufacturers. Transworld Systems is represented across the nation by a sales force of over 700 sales representatives. The guarantee program is available along with a suite of collection products under the GreenFlag umbrella.
?We are pleased to have this relationship with Transworld and to support their check recovery offerings. This partnership offers many new opportunities to bring our services to merchants in need of payment solutions,? stated Travis B. Powers, Vice President of Partner Relations at CrossCheck.
?CrossCheck?s guarantee services are a great compliment to our current recovery programs. We are now able to offer a total check solution for all types of merchants. CrossCheck provides the flexibility and support our customers demand. It?s a natural fit and we are looking forward to working with them,? stated Chris Schumacher, Director of Operations, Transworld Systems Inc. 2/2
About Transworld Systems Inc.
Founded in 1970, Transworld Systems Inc., (www.transworldsystems.com) has over 125 offices nationwide and provides efficient and profitable means of collecting checks, delinquent accounts and charge card debt. Over 60,000 businesses, including 10,000 medical practices, utilize Transworld Systems in their credit management programs.
About CrossCheck, Inc.
CrossCheck, Inc., (www.cross-check.com), is a multi-national information services company specializing in predicting, scoring and guaranteeing human behavior in the payment tendering and purchase decisioning processes. Founded in 1983, CrossCheck provides payment guarantee solutions to over 66,000 retail and dealer outlets across the country and handled more than $8.4 billion in guaranteed transactions in 2000.
