checXchange Mobile™ Explainer Video

checXchange Mobile™ by MTSI is a first to market, one of a kind mobile app that allows business users who receive a bounced NSF check to simply take an image of both sides of the returned check with their smart device and hit send. That's it! checXchange Mobile™ does the rest! The App uses the same technology as mobile deposit, which has proven highly safe and successful over the past 5 years.

The check data is transmitted to checXchange Mobile™ in a 100% secure and encrypted environment and the app user is then notified of our receipt of the item and that the recovery process has been initiated. Utilizing our industry leading, proprietary automated check recovery process, we are successful in recovering the users funds about 75.6% of the time. This is 3 to 5 times greater than the users own in-house efforts. This process has enjoyed over 9 years of proven success in the banking industry and now, when combined with the mobile data capture of the bad check data, revolutionizes the the simplicity and ease of recovery for all business owners, allowing them to submit the data directly and eliminate the need for bank involvement.

The best part about this App is that there is NO COST to the business for this service. This is because checXchange Mobile™ collects its fees through a concurrent debit to the bad check writers account in accordance with each states statutory allowable charges.

In the end, what business that accepts checks wouldn't benefit from a NO COST service that increases their bad check collection rates 3 to 5 times and involves virtually no effort on their part? So, if your business accepts checks, what are you waiting for? Start immediately increasing your cash flow and profitability! Download the App and get started today!