About Federal Payment Solutions

Federal banking laws changed in 1998 allowing for electronic recovery of dishonored checks. It took until 2001 for designers to perfect software capable of accomplishing electronic check recovery. Originally named Federal Check Recovery, the company is a pioneer in the check recovery and payment processing industry. With endorsements from more than 77 state and national associations, we represent a membership that exceeds 170,000 members. As one of the leading providers of free electronic check recovery service in the country, we are continually evolving and expanding the scope of our payment-processing services.

To better represent the diversity of services we now offer, we’ve re-branded our company as Federal Payment Solutions. We concentrate on providing custom solutions to improve your profitability. Whether it’s guaranteed check protection, electronic check conversion, electronic check recovery, point-of-purchase verification, remote deposit, or accounts receivable collection services, we create solutions to fit your particular needs.

Contact us today for a free client needs analysis!

 

 

 

The number of bad checks increased to 1:1 billion last year costing American businesses trillions of dollars in lost revenue.

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