With RecoveryNow! 99.6% of processed checks are paid to your bank account. 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 re-presentment. Checks are re-submitted 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. If your check is not recovered through our system, it is sent back to you or forwarded to CheckVelocity's Collections
Department where an in-depth recovery process begins.
How Easy and Effective RecoveryNow! is For Your Business
RecoveryNow! Is a No-Cost Automated Check Recovery Service
Using Positive and Negative Verification, you Virtually Eliminate the Chance of Accepting a Bad Check
You Receive 100% of the Collected Check's Face Value
By Scanning Every Check, We Provide an Image Lockbox for Returned Checks