Now, keeping your money safe is key, more than it has ever been. With more folks buying and paying online, companies must stay sharp to stop fraud and money crimes. Rules for safety are top when dealing with checks and cash flow.
Two big names, OnlineCheckWriter and CheckBook, give tools for digital check work and dealing with payments. Yet, they don’t match up when it’s about stopping fraud. Here, we look at how OnlineCheckWriter’s ways to stop fraud shine brighter than CheckBook and why it’s the better pick for companies.
The Dangers of Check fraud
Check fraud hits businesses hard. The group of American bankers notes it’s a big fraud type, with billions lost yearly. Bad guys can make checks using stolen or made-up account details. Often they go after companies that don’t watch closely or use old pay systems. The harm from Check fraud can run deep, with money gone, a bad name, and even with the law coming after you.
How OnlineCheckWriter Keeps You Safer
OnlineCheckWriter goes all in on stopping fraud, with many safety steps to guard companies from Check fraud and other cash crimes. These key moves make OnlineCheckWriter stand out:
Safe Check Print: OnlineCheckWriter, a CheckBook alternative, makes sure check print is safe. It keeps check details locked on safe servers and lets only certain folks get to and print checks. The checks also have hard-to-copy marks like water signs, tiny prints, and special shiny images.
Check Check Right Away: OnlineCheckWriter lets you check a check’s realness on the spot. It looks at the check number, date, and cash amount with what the company has, confirming it’s all good and nobody messed with it.
Two People Must Ok Checks: OnlineCheckWriter asks two okayed people to say “yes” to each check, meaning no one person can pull off a fraud.
Bank Match-Up Help: OnlineCheckWriter helps to see any odd plays between what companies have on their books and what the bank says. This means you can spot and check any fishy cash moves quickly, cutting down fraud.
Follows Safety Rules: OnlineCheckWriter works within tough rules for keeping money details safe, like PCI-DSS and GLBA. This means the company’s safety steps are top-notch.
CheckBook’s Safety Steps: Let’s Look
While CheckBook has some safety steps, they don’t go as far as OnlineCheckWriter’s full plan. CheckBook’s safety includes:
Data Safe and Servers: CheckBook, like OnlineCheckWriter, uses data safe and servers to guard your details. But CheckBook’s safety steps aren’t as broad, lacking the stronger check and okay controls that OnlineCheckWriter has.
Digital Check Safe: CheckBook’s online checks are built to be safe, with data safe and safe sending. But since they focus on online checks, they may not guard paper ones as well as OnlineCheckWriter.
To Wrap Up
In the fight against fraud, OnlineCheckWriter’s layered safe steps shine more than CheckBook. With its safe way to print checks, right away check checks, needing two yeses for checks, bank match-up help, and following the toughest rules, OnlineCheckWriter appears as the best CheckBook alternative that offers better safety for companies. While CheckBook does have some good steps, they don’t reach the height of OnlineCheckWriter’s full plan.
