How does WorkPlace Methodssm APS help retailers collect bad check fees each time checks bounce?
APS lets retailers review all checks that are returned. Today, retailers collect a surprisingly small percentage of returned checks fees, often on only 20% to 30% of total returned checks. APS lets retailers identify and assess fees on appropriate accounts that show a history of abuse. A $1 billion retailer can expect a 20% increase in fees assessed on returned checks by improving the way bad checks are managed using APS.
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- How does WorkPlace Methodssm APS help retailers collect bad check fees each time checks bounce?