by Sean T. | Jul 21, 2021 | Blog
What is MICR? MICR is an acronym for “Magnetic Ink Character Recognition,” which refers to machine-readable text that allows computers to read and process the printed information. MICR technology system was developed by the American Bankers Association in the 1950s...
by Sean T. | Jul 14, 2021 | Blog
What is Positive Pay? Positive Pay is a fraud prevention system offered by most major banks designed to protect against forged, altered and counterfeit checks thus this system acts as a form of insurance for a company against fraud, losses, and other liabilities to...
by Sean T. | Jul 13, 2021 | Blog
There are several reasons that explain the fact that many businesses in the U.S. still use checks for payments. Checks are universally known and accepted as a payment method and all businesses know how they work. Another reason is that many businesses prefer the...
by Editor | Apr 18, 2019 | Blog
Even in today’s digital age, writing & mailing checks is still necessary for a lot of businesses. But the process of writing & mailing checks can be frustrating, making it a chore that many people dread. A solution could be a check fulfillment service such as...
by Editor | Apr 16, 2019 | Blog
Many companies are now opting to utilize check fulfillment services as a way to cut costs, increase professionalism and timeliness of checks. As business owner, it is up to you to find ways of lowering your business’s costs while raising your company’s brand awareness...
CHECKFLO – Your company’s check mate!