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FREE Electronic Bad Check Collections ! |
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ANNUAL COST COMPARISON - (Before Going to Court) |
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ITEM |
Traditional Secondary | Check Guarantee | Check Conversion (Truncation) | Merchant |
Alpha Check Express |
| Setup |
$0.00 |
<$1000> |
<$1000> |
$0.00 |
$0.00 |
| Monthly Fee |
$0.00 |
<$50> |
<$50> |
$0.00 |
$0.00 |
| Minimums |
NO |
YES |
YES |
NO |
NO |
| Transaction fee ea |
$0.00 |
<35 cents> |
<35 cents> |
NO |
NO |
| Total # of Checks |
10,000 |
10,000 |
10,000 |
10,000 |
10,000 |
| # of checks Bounced (5%) |
500 |
500 |
500 |
500 |
500 |
| Avg check amount |
$30.00 |
$30.00 | $30.00 | $30.00 | $30.00 |
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Bounced Monies |
$15,000 |
$15,000 | $15,000 | $15,000 |
$15,000 |
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Percent Collected |
50% | 50% | 60% |
40% |
70% |
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Total $ collected |
$7500.00 |
$7500.00 | $9000.00 | $6000.00 | $10,500.00 |
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Collection Fee % |
35% | 10% |
0% |
0% |
0% |
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Collection costs |
<$2625.00> |
<$750.00> |
$0.00 |
<$1970.00> |
$0.00 |
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Transaction fees |
$0.00 |
<$3500.00> |
<$3500.00> |
$0.00 |
$0.00 |
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Net Monies to merchant |
$4875.00 |
$3250.00 |
$5500.00 |
$4030.00 |
$10,500.00 |
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Total annual Loss |
<$10,125> |
<11,750> |
<$9500> |
<$10,970> | <$4500.00> |
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Winner! Alpha Check Express in all categories! |
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A Phenomenal difference! In every category "No One is better" than Alpha Check Express at bad check collections in every check collection category, net monies to merchant, AND smallest loss for merchant .... Alpha Check Express is Number 1! |
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Please note: None of the setup expenses are figured into the net loss - those need to be added in too! AND no costs for the merchants labor or long distance calls are included! Merchants cost are just based on Mail & Certified letter expenses. D.A. collections are available to all and will have the same net increase for each. |
Interested? Have Questions? Click any Contact Us! Phone number must be included!
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