Merchant Check Verification

Intelliverse Merchant Check Verification allows banks to offer its retail customers the ability to check account status and verify funds for anyone writing a check as payment for goods/services prior to surrendering the item that is being bought. This allows the retail customer to avoid NSF charges and limits the risk involved in selling an item to someone that doesn’t have the funds available to pay for it.

• Merchant Check Verification enhances service offerings for the bank’s small business and retail customers.
• The solution helps mitigate the risk of fraud.
• The amount of dollars that a small business or retail customer can loose in fees and goods decreases.