For more than thirty years, CheckRedi has been a trusted provider of secure electronic check collection services, alleviating the burden of check verification and collection for businesses and organizations. With offices in Lexington, Kentucky, and Huntsville, Alabama, the company offers tailored solutions for check processing, verification, and online check conversion, streamlining these critical operations.
Organizations managing check collections for schools, bounced check recovery, check fraud, or non-sufficient fund (NSF) issues in-house often face significant revenue losses and operational inefficiencies. Staff members tasked with payment processing frequently find their attention diverted from core business matters to address collection challenges.
CheckRedi simplifies these issues by taking over the check collection process entirely. Clients benefit from improved cash flow and enhanced financial management as funds are deposited directly into their bank accounts. This allows businesses and organizations to redirect their resources toward other priorities, avoiding the complexities of bounced check recovery and returned check collection.
CheckRedi offers a variety of services to meet diverse client needs.
The company's electronic and traditional check collection services provide a seamless solution for businesses and organizations accepting checks online, by phone, or in person. With Automated Clearing House (ACH) processing and payment solutions, clients experience fast, secure payments and peace of mind. The company also offers 100% face value reimbursement, ensuring businesses recover their funds efficiently.
The School Program is a dedicated service that helps schools manage and recover returned checks while maintaining solid relationships with parents and guardians. By automating the recovery process for checks used in tuition payments, fees, and fundraising activities, schools save valuable time and resources. The system includes check recovery, electronic processing, and payment management, enhancing cash flow and minimizing financial risks. Schools also receive detailed reports on recovery activities and outstanding payments, offering transparency and control over their financial transactions.
CheckRedi's payment processing solutions cover a wide range of options, including credit card processing, online payment gateways, recurring billing, electronic billing, remote deposit capture, electronic funds transfer (EFT), and Internet payment processing. These services enable clients to accept payments through modern, secure methods that enhance convenience and efficiency.
With its electronic check conversion services, CheckRedi transforms paper checks into electronic payments. This allows businesses to receive funds quickly—often within two business days. Once a check is authorized, deposits are automatic, and the included check verification service further ensures smooth operations.