Alpha Check Express is better than Check Guarantee, Check Conversion, Traditional Collections and Merchant Self Collection!
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Compare the Alpha Check Express difference!

 

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ANNUAL COST COMPARISON - (Before Going to Court)            

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

Bounced Monies

$15,000

$15,000 $15,000 $15,000

$15,000

           

Percent Collected

50% 50% 60%

40%

70%

Total $ collected

$7500.00

$7500.00 $9000.00 $6000.00 $10,500.00

Collection Fee %

35% 10%

0%

0%

0%

Collection costs

<$2625.00>

<$750.00>

$0.00

<$1970.00>

$0.00

Transaction fees

$0.00

<$3500.00>

<$3500.00>

$0.00

$0.00

 

         

Net Monies to merchant

$4875.00

$3250.00

$5500.00

$4030.00

$10,500.00

Total annual Loss

<$10,125>

<11,750>

<$9500>

<$10,970> <$4500.00>
 

Winner!  Alpha Check Express in all categories!

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!

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.

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