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Give your corporate clients the power to recover 20 to 30 percent more of returned checks, using Fiserv check representment. Transparent outsourcing ensures your clients credit you as the provider of this valuable service.
Offer faster recovery with electronic representment
Our service converts bad checks into ACH transactions, which can be recovered in less time and at less cost than paper transactions. Your client receives the full amount of the recovered check.
Deliver more benefits with optional services
Provide check representment as a stand-alone service, or combine it with other components:
- Check authorization screens out bad check writers at the point of purchase, preventing up to 75 percent of returned checks
- Centralized returns service consolidates all returned checks into one bank, even when your client uses more than one depository bank. Bad checks move out of the system quickly, decreasing fees and increasing the opportunity for recovery.
Increase value with state-of-the-art technology
Fiserv offers 24-hour Web-based reporting to help businesses track the recovery process, improving reporting and reconciliation. Your clients can also review returned check statistics by business or individual store.
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