MPCC
sufficiently large for separation into computer-to-computer and VAN service modes.
Check verification/guarantee information services are targeted primarily to retailers and other service providers to consumers.
Continue reading “MPCC”
Business, Credit, Finance, Loans
MPCC
sufficiently large for separation into computer-to-computer and VAN service modes.
Check verification/guarantee information services are targeted primarily to retailers and other service providers to consumers.
Continue reading “MPCC”
MPCC
Vendors also provide credit authorization services to other industry sectors such as medical and utilities.
CHECK VERIFICATION/GUARANTEE EXPENDITURES
Guaranteeing retail checks is by far the major service offering in this sector. As shown in Exhibit 1 11-5, check verification represents about 8% of the total market. Retailers find identification of bad checks helpful to reduce bad debt but with verification, the burden of check acceptance remains with the retailer. Continue reading “CHECK VERIFICATION/GUARANTEE EXPENDITURES”