Government Check Re-presentment/Revenue Share
Our solution for check re-presentment is a platform that is fast, effective and free of charge. At Payliance, our expertise allows us to identify efficient processes that leverage features important to government agencies. We offer faster funding for returned checks and two additional presentations of returned items before the consumer is contacted by a recovery agency. With Payliance, the government agency always receives 100 percent of recovery principle and shares in the electronically recovered state returned check service fee.
How it works:
- Government agency accepts paper checks for payment
- All returned checks route directly to Payliance 4 to 6 days faster than traditional routing
- All returned checks are electronically represented
- Government agency receives a portion of every recovered return item service fee
Benefits:
- Returned check fee becomes a revenue source
- More economical than credit or debit card acceptance
- Electronic recovery does not alienate constituents
- Daily funding of recovered items
- High recovery rate