Franchise Talk

Check It Out – Franchise With A Guarantee

August 17th, 2006 | Author: Jack

Franchise Payments Network partners with CrossCheck, to offer check guarantee and check conversion services.

CrossCheck, the USA’s largest privately held check approval and guarantee provider, announced a partnership agreement with Franchise Payments Network (FPN) to provide check services including guarantee and conversion to FPN clients. FPN, an electronic payments company dedicated to the franchise segment, will add CrossCheck’s Standard Guarantee, ChecksByNet, Check Conversion Plus(SM) and Business Office Conversion Plus(SM) to its payment service offerings.

FPN was founded in 2006 by former First Data executives Thomas Epstein, CEO, and Ian Drysdale, President and COO, to provide a cost effective payment solution for a franchise system.

“FPN requires both a sophisticated offering and excellent support for entire franchise systems,” said Epstein. “The partnership with CrossCheck allows us to offer end to end, customized support for each franchise chain with an entire range of check products, from the most basic to the most advanced. The CrossCheck program fits nicely with our complete electronic payment offering, together creating unmatched value for franchise systems.”

“By adding CrossCheck to its payment offering, FPN will be able to provide franchise owners and franchisees with a complete, easy to use and affordable payment service,” said J. David Siembieda, CEO and president of CrossCheck. “Businesses of all sizes need to offer their customers a range of payment choices to remain competitive. By providing check services to their merchant offerings FPN can meet this need and help these franchises succeed.”

Franchise Payments Network, is the only payment processing company that focuses entirely on the franchise industry. A partner with three of the top five processors, FPN gives its franchise clients the flexibility to customize a solution that best suits the needs of the franchise system. Services include processing credit cards, gift/loyalty cards, checks, payroll cards, and ATM transactions.

CrossCheck, Inc. provides check approval and guarantee for a variety of merchants nationwide. For more than 21 years, its goal has been to increase merchants’ profits by allowing them to accept more checks and to provide their customers with payment flexibility. Annually, CrossCheck approves billions of dollars worth of transactions for its retail and dealer outlets. CrossCheck is known for industry firsts and cutting-edge technology.

Share and Enjoy: