MainStream Merchant Services to Offer Check Processing from CrossCheck

Service Enables Fast Approval, Guaranteed Features on Consumer and Business Checks

MainStream Merchant Services™, Inc., a leading provider of merchant payment processing solutions, will now offer its customers check processing services from Rohnert Park, Calif.-based CrossCheck, Inc., the nation’s third largest check approval and guarantee company.

CrossCheck’s standard guarantee and check conversion services, including Check Conversion Plussm, will now be available to MainStream merchants. These services offer maximum check authorization flexibility and convenience along with special programs for business check conversion, disputed stop payment protection and a hold check program for standard guarantee. In addition, the conversion service streamlines check processing by automatically depositing funds into the merchant’s account, reducing paperwork and trips to the bank.

“Despite the growth of electronic forms of payment, many of our clients’ customers still use paper checks as their primary form of payment,” said Jerome Vignale, president of MainStream. “With CrossCheck, these merchants can reduce their risks significantly while enjoying the same immediate cash flow that electronic payment forms provide.”

“MainStream has quickly established itself as a leading provider of payment processing solutions among many of the merchants that will benefit from CrossCheck’s approval and guarantee services,” said J. David Siembieda, president and CEO of CrossCheck. “As MainStream continues its rapid growth, it will find our services to be a great addition to its product suite.”

In addition to check processing, MainStream’s comprehensive suite of merchant payment solutions includes the latest in point of sale (POS) terminals, custom gift cards, PC and Web-based payment processing and transaction-based financing.

About MainStream Merchant Services

MainStream Merchant Services™, Inc. is a leading provider of merchant payment processing solutions. The company leverages industry experience and competitive rates with the latest in point of sale (POS) terminals to enable customers to make payment processing a competitive advantage – not just an additional cost. MainStream helps merchants to expand revenue opportunities by creating solutions, such as custom gift card programs and PC and Web-based card processing, specifically tailored to meet the customer’s needs.

MainStream is a registered independent sales organization (ISO) of Chase Paymentech, the world’s largest merchant acquirer. To learn more about MainStream, visit the company’s Web site at http://www.MainStreamMS.com or call 800-985-0087.

About CrossCheck, Inc.

CrossCheck, Inc., a financial services leader since 1983, processes and approves billions of dollars worth of check transactions annually for retail and dealer outlets throughout the U.S. For more than 25 years, its goal has been to increase merchants’ profits by providing efficient and affordable check approval, guarantee and conversion services that can help increase sales and reduce risk. The company is headquartered in Northern California and has an additional office in Texas. Their services are marketed by a direct sales force, over 1,400 independent sales offices and 134 partners. CrossCheck partners include the nation’s top bank card acquirers which process over 49 percent of the nation’s bankcard volume. Visit www.cross-check.com or call (888) YES-2CHX for more information.

Contacts

For MainStream Merchant Services
Media Contact:
Andy Payment, 800-985-0087