The landscape of payment methods has drastically evolved in the past few decades, and the quest for safe and convenient options is never-ending. Checks were initially introduced as a perfect alternative to carrying cash and to minimize the associated dangers, which led to phasing out of various unsafe options. The significance of checks remains unaffected despite the rise of the internet and other paperless payment options.
50% of the worldwide businesses still use checks as their primary payment method, which compelled modern-day technology companies to develop advanced solutions to make the entire check clearing procedure more straightforward and cheaper. The contemporary business environment is fiercely competitive, and everyone needs fast payments and wants to cut down expenses.
Stocking pre-printed checks and asking for checks via mail increase the costs and time frame of the payment process, and there is always an increased risk of checks being lost or, stolen. To help resolve these issues, CHAX Software, Inc. is providing innovative check printing software and checks by phone solutions since 1992.
CHAX is a standalone check writing software focused on simplifying the fund transfer process. The CHAX software is unique in which it allows the users to offer an alternative way to receive check payments from their customers. It supports users to produce a pre-authorized check by receiving all relevant checking account data via phone, email, or fax. The checks can be delivered with little to zero acquisition costs to the users and customers compared to: credit card transaction fees, mailed/overnight delivery fees, ACH/Bank transfer fees. The user can enter this information into the software and print a bank acceptable error-free check, which can be immediately deposited for quick payments and improved cash flow.
For a better user experience and smooth process, the company’s tech experts are always brainstorming new ideas and introducing smart features through a regularly updated version of the software. With the introduction of CHAX’s latest release, CHAX version 10, the debt collection software incorporates several exclusive features and a new interface. CHAX 10 allows the bulk import of transactions via CSV or Excel file to speed up the process, and users can print the bulk imported checks in 3- page per page check style too. The print preview window is introduced to ensure that users can confirm before heading on to the printing process.
All the transaction records can be exported to excel format via a single click now. For quick reprint and reuse, a dedicated panel window is added to bypass the repetitive tasks. Other salient features of the release included are: enable/disable external processing code (EPC); check face lines; export or backup the database with a single button click; and a quick editor option for the bank routing number. The synergy of the traditional and newly introduced features will deliver the best experience and unprecedented convenience to everyone who chooses to invest in this latest version of the patented CHAX software.