What are the drawbacks with accepting checks?
Anytime a merchant accepts a check there is a certain amount of risk associated with whether the check will “clear” or not. For this reason, it might make financial sense for some merchants to use either check verification, or check guarantee, services to minimize this risk. A few issues to consider are your current “bad debt write-off”, number of out-of-state checks, dollar amount of average check, delays in order fulfillment, and COD hassles.
