CAN YOU AFFORD TO LOSE A VALUED CUSTOMER OVER A $60 RETURNED CHECK?
Statistics show that the majority of bounced checks are unintentional due to a miscalculation of funds in a checking account. In the right hands, electronic collection is a quiet and respectful service that does not embarrass or alienate check writers with threatening letters or phone calls.
What makes BounceBack unique?
BounceBack distinguishes itself by developing in-house services that few companies are willing to undertake in order to increase our clients’ bottom line.
BounceBack is a FREE service to the merchants. There is a one-time set-up fee of $99.00 (this is a special rate offered for KGA/KACS participating companies ~ be sure to mention the KGA/KACS). There are no on-going, annual or other costs!
Our in-house services include:
consolidated returns that decrease your bank fees
free electronic recovery for NSF checks
free secondary service for depleted or closed accounts
funds confirmation that keeps checks alive and collectible
customer services department for check writers’ questions
customized and online reporting based on your informational needs
risk assessment and loss prevention techniques to strengthen vulnerabilities.
What happens if the account is closed or isn’t funded?
BounceBack also offers secondary collection for accounts that are closed, or not funded within the 32 day verification cycle. This includes letters and phone calls. The level of secondary collection is determined by the merchant.
The BounceBack Philosophy
Cash Flow Solutions was founded on the principle that the right processes, supported by technology and a responsive staff, can result in a high collection rate while protecting your customer relationships.
Our business model is designed to:
provide a completed managed check recovery system
increase recovery ratios without sacrificing customer loyalty
treat our business clients and their check writers as one customer
earn loyalty through performance
BounceBack has a 99% client retention rate without the need for term contracts
Don’t waste your valuable time and energy collecting checks and save your check writers embarrassment and bank fees.
