is Proud to Announce Acquisition of

Share Article

On Monday 5th April 2010 announces ownership of a world leader in check recovery and recording.


On Monday 5th April 2010 announces ownership of a world leader in check recovery and recording.


About CheckDataSystems

CheckDataSystems is a world leader in bad check writer reporting. If your business accepts checks (which every business should or lose 33% of potential business), then this tool is essential to check reporting and querying.

With Checkdatasystems proprietary web based solution, you may input your check data anytime, any day. Simply login with your password and user ID from any location with an internet connection and once Checkdatasystems have your bad check writer's information, you’re done! When the check writer calls Checkdatasystems to settle their debt with their client, they are directed to arrange payment directly with their client. Once the client is paid, a simple request is sent to remove the bad check writer from the database.

When the bad check writer attempts to write a check to Walmart, Target Sears, etc., and is declined by the cashier they're given an 800# to call, and is told they need to pay the client before their check will be honored virtually everywhere, once entered in the database, the check is reported to SCAN/CERTEGY via an electronic interface limiting the bad check writer's ability to cash checks at thousands of major retailers nationwide as well as denying the check writer the ability to open a new bank account in approximately 70% of the nation's banks.

A few of the many benefits of Check Data Systems include:

  •     Reporting to three of the most powerful negative databases in the U.S
  •     Prevent customers from writing checks at over 70,000 retail locations
  •     Prevent customers from opening new bank accounts at 7 of 10 U.S. banks
  •     No Special Software or hardware is required.
  •     Pennies per transaction
  •     Empowers you to recover bad debt simply, easily, and with certainty

-Over 398 retail chains in 71,000 locations rely on the SCAN/CERTEGY database every day and 7 out of every 10 checks authorized in the United States are processed through SCAN/CERTEGY.
-SCAN/CERTEGY gives you the power to control the bad check writer's ability to write checks.
-You use SCAN/CERTEGY to find those run-away check writers anywhere in the United States.
-SCAN/CERTEGY will boost your collection numbers.
-SCAN/CERTEGY allows you to quickly and easily go after those bad check writers who come to your store or take your money over the internet.

Check Data Systems is owned by Altcharge, which has its own bad check writers database of over 300 million more consumers.


Share article on social media or email:

View article via:

Pdf Print

Contact Author

Visit website