JUSTCHEX Text Messaging Verification Stopping Bad Checks

Text messaging makes it safe to take a check remotely

Oxnard, CA (PRWEB) October 8, 2004 -- JUSTCHEX, LLC, ("JU$TCHEX") the technology leader in online processing of returned checks recently introduced their patent pending chexmessagingSM service. Using this service lets a client use text messaging to verify checks before accepting them. Many of the clients using this service are from industries that do business remotely and are gaining access to a truly mobile verification process for the first time. Since being introduced last month 7% of checks submitted have been denied, saving clients thousands of dollars.

The service inquires in real-time into the status of personal, business, or payroll checks. The client text messages the routing and account number to JUSTCHEX and within seconds the system queries combined databases that include up to 200 million check writer accounts and replies with a result. The system replies include YES" for an open, funded account or NO" for a zero balance. A "NO" response can also include a reason code that identifies closed accounts, repeat offenders or an invalid accounts. Details of all responses are also instantly added to the clients reporting list on the web site as a cross reference for policy compliance.

Valued-added functionality includes velocity control (how many checks a client will accept from the same checking account in a client-defined period of time; e.g. one every 3 days). The reason codes for NO" responses enable a client to decide if all NO" responses are not to be accepted. As an example a NO (N)" response indicates an outstanding non-sufficient funds check or checks was found in the database.

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, and chexmessagingSM are registered service marks of JUSTCHEX, LLC.

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

Contact: pr@justchex.net

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