Check Network
Global Check Systems
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Introducing The VISA Check Network Global Check Systems'
Business Check Conversion Advantage!
The credit bubble has burst and the credit crunch has arrived. Merchants whose very existence depended on their ability to offer financing to their customers are faced with a nightmare scenario.
Credit Card Companies are indiscriminately raising cardholder interest rates on existing balances to the max and lowering credit limits (also indiscriminately), making consumers VERY reluctant to use their credit cards, even if they do have any room left on them, which most DO NOT. Consumer financing sources typically used by merchants are making it next to impossible for them to attain financing for ANY customer, great credit or not.
Long gone are the days of endless financing alternatives and credit flowing like water!
What if there were another way for merchants now to offer customers a 90-Day, Same-As-Cash, payment option? How about with NO CREDIT CHECK, NO FINANCE CHARGES, and GUARANTEED ON–TIME payments to the merchants by following a few simple guidelines?
Have you ever heard of Check 21 Legislation passed back in 2004? This law makes it possible to convert a physical check transaction into a digital transaction. Wal-Mart, in all their stores, almost immeditaely started taking advantage of Check 21. Let's see how. If you have purchased anything at Wal-Mart lately and you used a check to do so, you may have noticed that they took the check, ran it through a scanner, and handed it back to you.
That’s Check 21 in action!
One of the main objectives of this legislation was to eliminate the “float” or the lag time between when a check was written and the time the funds were actually withdrawn. This “float” made it possible for so called “paper hangers” to write bad checks knowing full well that they were going to bounce. (If you have ever seen the Movie “Catch Me if You Can” then you understand this concept perfectly). Many people writing such checks in the past were hoping to "beat the check to the bank."
Check 21 makes some other very special things possible for you as well. As most businesses are aware, it has been unlawful to accept post-dated checks as payment. But now, it is perfectly legal to accept a post-dated check, as a result of the Check 21 Legislation. The question remains, however, do you think businesses would jump at the chance to do that? Probably not, because of the headaches of keeping up with dates, the obvious dangers of unforeseen circumstances and flat out dishonest people.
What if the negatives could be eliminated though? If payments were guaranteed and the headaches of depositing the checks at the right times were no longer issues. Imagine what the convenience of being able to spread out the payments would mean to customers and what a MAJOR INCREASE in business to a merchant this would be and inevitably result in. While all the other merchants are scrambling to find nonexistent fnancing, or cutting prices to stay afloat, the merchant offering this program sees his sales increase by 30, 40, or even 50%!
Until the passage of Check 21, this has all been wishful thinking, but not any more… VISA Check Network Global Check Systems Check Conversion Program makes it possible and very profitable. With this revolutionary financing program, guaranteed by VISA,* a business can offer a NO CREDIT CHECK, NO FINANCE CHARGE, 90 DAY payment plan option to ALL of their customers.* No risk, no accounting hassles, and a BIG jump in profits. Just imagine the difference that this will make to a merchant or any business that carries Accounts Receivables!
This is the program that will put the word “profit” back into a business owner’s vocabulary. Imagine being one of the “Preferred Merchants” who offers this program. Think about the incredible customer goodwill and the referrals this will create. This gives the quick acting, forward thinking merchant an almost insurmountable edge over all of their competition!
If you want to turn this economic slowdown into a “secret weapon,” jump WAY ahead of your competition, and thrive when everyone else is simply trying to survive then this is your chance!
* Program rquirements must be followed.
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