Secure Check RCK Selected by Fast Transact to Provide Electronic Check Recovery

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New and existing merchants of Fast Transact will enjoy free collection of NSF checks and faster payment recovery.

Secure Check, a provider of electronic payment recovery solutions, today announced Fast Transact, Inc. as its latest partner to provide automated recovery services to merchants. Fast Transact, Inc. is a leader in merchant services and nationwide payment processing, and the number one fastest growing company for 2006 in the Western Washington's South Puget Sound area. The partnership will enable Fast Transact to provide Secure Check's RCK free check recovery services to its new and existing merchants.

"We are delighted to announce Fast Transact as our latest partner," said Pat Forbes, CEO of Secure Check. "The adoption of automated recovery is growing rapidly as merchants across a wide range of industries continue to experience the benefits of this technology. We are confident that the Secure Check RCK system will provide a superior solution for Fast Transact's merchants. Through this partnership, merchants will enjoy decreased or eliminated recovery costs and faster re-instatement of their customers check writing privileges, which will directly contribute their to bottom line profits."

According to David Solomon, CEO, Fast Transact, Inc., "We looked at many NSF solutions and found Secure Check to have the most robust-set of benefits available on the market. By offering Secure Check RCK, we are confident our clients will have a dynamic solution to help decrease costs and improve accounts receivable. Their success and knowledge in the check services market will be of great benefit to FAST TRANSACT as we continue to expand our market share."

With Secure Check RCK, recovery of a business's receivables can be managed without the use of expensive outside collection agencies. Secure Check offers automatic recovery of NSF items for businesses with integrated collection and accounts receivable management. In addition, complete reporting options are available with daily reports either faxed or e-mailed to individual locations to ensure payment information is current and accurate, and the online reporting system ensures payment information can be retrieved at a moments notice. The "hands off" nature of the Secure Check system alleviates worries about the learning curve for new employees. Secure Check dramatically increases recovery, reduces expensive bank fees, eliminates collection hassles, and gets you paid faster. Recovering payments with Secure Check RCK allows merchants to run their businesses more efficiently by optimizing collection of payments from their customers.

Additional benefits of Secure Check RCK include:

  •     No equipment to use or purchase
  •     Automatic system integrates with your bank to facilitate recovery
  •     Free real-time, on-line reporting of returned items
  •     Flexible, customizable system
  •     Reduced costs to customers when checks are returned

The Secure Check RCK program is currently used by many large retailers and healthcare facilities nationwide. To learn more about Secure Check RCK visit http://www.securerck.com.

About Fast Transact, Inc.

Founded in 1995, and privately owned and operated, Fast Transact, Inc. is a registered ISO/MSP (Merchant Service Provider) of Bank of America and JPMorgan Chase Bank. FAST TRANSACT provides nationwide retail and Internet merchant service accounts, integrated payment gateways for processing credit cards and debit bankcards, ACH check services, affiliate partnership programs, and gift card / loyalty card programs. FAST TRANSACT is a registered trademark of Fast Transact, Inc. For more information, visit http://www.fasttransact.com.

About Secure Check

Secure Check is a provider of electronic payment recovery solutions for a wide range of industries. It enables its clients to run their businesses more efficiently by optimizing the collection of payments and delivers value to its clients by providing a no cost product allowing them to optimize payment collection, strengthen their relationship with their customers, and manage accounts receivable customer service seamlessly, while they continue to grow their business. By working with Secure Check, businesses can dramatically increase recovery ratios, increase employee efficiency, all while providing increased levels of customer service. Secure Check is headquartered in Fort Worth, TX. Company and product information are available at http://www.securerck.com.

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Pat Forbes
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