RecoveryNow! virtually eliminates bounced checks by verifying payments instantly
over the phone, Web or in person at the point of sale. RecoveryNow! prompts you to accept or deny a check, just like a debit or credit card. Less than 1% of verified checks bounce, and when they do, RecoveryNow! collects them for you through check representment. Checks are resubmitted through the check writer's bank account during strategic time frames when funds are proven to be available. With RecoveryNow! there is no equipment to buy or lease and 100% of the collected payment is deposited into your account.
Full Service Check Collection
If your check is not recovered through our RecoveryNow! check collection system, it is sent back to you or forwarded to CheckVelocity's Collections
Department where an in-depth recovery process begins.