Debt Collections
 
Phone: 1-888-506-0152
Email: info@collectitquick.com

Check Verification

NorthStar is proud to participate in the National Check Network (NCN). NCN is wholly owned by Electronic Clearing House, Inc. (ECHO), and is one of the premier check payment services in the nation. NCN offers one of the largest databases of check information and is nationally recognized as the leader in providing wholesale check management services. The NCN database serves clients in many high-volume industries, including grocery stores, convenience stores, pizza delivery, gaming and other retail businesses. NCN provides fresh data on people likely to use checks at your merchant locations. Pooling data from these high check-use businesses provides customers with the earliest possible warning for check fraud or other problems.

Powerful Features

With NCN, agencies deliver merchant customers the ultimate in check risk management solutions. Highly customizable, NCN allows you to adjust the risk management settings on a merchant-by-merchant basis.

- Negative information, which links over 22 million accounts to returned checks that have not been repaid to the merchant.

- Positive data, which records the dollar amount and item count of check transactions for each of the 138 million accounts in the database.

NCN has pioneered the use of many sophisticated features to augment negative data and prevent merchants from being victimized by fraudulent checks. These velocity features include:

Extensive Negative File.  NCN receives a steady stream of bad check information 24 hours a day 7 days a week from all across the United States, Canada and the Caribbean to provide you with reliable and current information.

Multiple Database Searches.  NCN uses MICR data, drivers license, Social Security number, or a store specific check card to maximize fraud detection.

91 Risk Management Variables.   You can set risk management parameters by store, chain or even by lane within a store. This gives you complete control with powerful flexibility.

Special Limits for New Accounts.  You can set tighter risk management controls or require an ID for first-time shoppers to reduce fraud from the riskiest customers.

Complete Referrals on Declines.  Declined transactions receive a toll-free phone number and company name for a check writer to call and arrange payment, satisfying legal requirements and helping your collection efforts.

Special Payroll Account Strategy.  Grocers and other merchants who accept payroll checks have found the NCN strategy especially useful for reducing payroll check fraud.

Detection of Duplicate Checks.  New technology has led to a dramatic increase in fraudulent duplicate checks. NCN declines duplicate checks to reduce these losses.

Multiple Communication Options.  NCN supports transactions using dial, digital (frame relay, ISDN, or Vsat) or Internet connections to make it easy for your merchants to connect.

Compliance With Fair Credit Reporting Act.  Because NCN provides merchants and their customers with automated referrals on declined checks, it eliminates many customer service issues generated by turndowns. It allows the customer to contact the agency or merchant responsible for reporting an unpaid returned check. They can then reimburse the agency and be removed from the negative database. It is essential in a shared database with multiple, independent contributors and it satisfies consumer reporting requirements mandated by law.

For More Information on this Service, please email info@collectitquick.com.