Now, protecting your cash secure is vital, greater than it has ever been. With extra of us shopping for and paying on-line, corporations should keep sharp to cease fraud and cash crimes. Guidelines for security are prime when coping with checks and money stream.
Two massive names, OnlineCheckWriter and CheckBook, give instruments for digital examine work and coping with funds. But, they don’t match up when it’s about stopping fraud. Right here, we have a look at how OnlineCheckWriter’s methods to cease fraud shine brighter than CheckBook and why it’s the higher choose for corporations.
The Risks of Examine fraud
Examine fraud hits companies arduous. The group of American bankers notes it’s an enormous fraud kind, with billions misplaced yearly. Dangerous guys could make checks utilizing stolen or made-up account particulars. Typically they go after corporations that don’t watch carefully or use previous pay programs. The hurt from Examine fraud can run deep, with cash gone, a foul title, and even with the regulation coming after you.
How OnlineCheckWriter Retains You Safer
OnlineCheckWriter goes all in on stopping fraud, with many security steps to protect corporations from Examine fraud and different money crimes. These key strikes make OnlineCheckWriter stand out:
Secure Examine Print: OnlineCheckWriter, a CheckBook alternative, makes certain examine print is secure. It retains examine particulars locked on secure servers and lets solely sure of us get to and print checks. The checks even have hard-to-copy marks like water indicators, tiny prints, and particular shiny photographs.
Examine Examine Proper Away: OnlineCheckWriter permits you to examine a examine’s realness on the spot. It appears on the examine quantity, date, and money quantity with what the corporate has, confirming it’s all good and no one messed with it.
Two Folks Should Okay Checks: OnlineCheckWriter asks two okayed folks to say “sure” to every examine, which means nobody particular person can pull off a fraud.
Financial institution Match-Up Assist: OnlineCheckWriter helps to see any odd performs between what corporations have on their books and what the financial institution says. This implies you may spot and examine any fishy money strikes rapidly, slicing down fraud.
Follows Security Guidelines: OnlineCheckWriter works inside powerful guidelines for protecting cash particulars secure, like PCI-DSS and GLBA. This implies the corporate’s security steps are top-notch.
CheckBook’s Security Steps: Let’s Look
Whereas CheckBook has some security steps, they don’t go so far as OnlineCheckWriter’s full plan. CheckBook’s security consists of:
Information Secure and Servers: CheckBook, like OnlineCheckWriter, makes use of information secure and servers to protect your particulars. However CheckBook’s security steps aren’t as broad, missing the stronger examine and okay controls that OnlineCheckWriter has.
Digital Examine Secure: CheckBook’s on-line checks are constructed to be secure, with information secure and secure sending. However since they give attention to on-line checks, they could not guard paper ones in addition to OnlineCheckWriter.
To Wrap Up
Within the battle in opposition to fraud, OnlineCheckWriter’s layered secure steps shine greater than CheckBook. With its secure solution to print checks, straight away examine checks, needing two yeses for checks, financial institution match-up assist, and following the hardest guidelines, OnlineCheckWriter seems as one of the best CheckBook alternative that provides higher security for corporations. Whereas CheckBook does have some good steps, they don’t attain the peak of OnlineCheckWriter’s full plan.
