News from the Wire

CrossCheck named preferred provider for AAACT Carolinas, Tennessee

Thursday, April 18, 2013 — 19:01:11 (EDT)

Petaluma, Calif. April 18, 2013 – CrossCheck, Inc., a leading provider of check guarantee and electronic check processing services to the automotive industry, has become the preferred check guarantee service for the Automotive Aftermarket Association of the Carolinas and Tennessee (AAACT), an organization devoted to representing aftermarket businesses in North and South Carolina and Tennessee. Special group pricing on payment services including electronic check processing and standard check guarantee will be available to AAACT members.

Services that can benefit AAACT members include CrossCheck's Remote Deposit Capture Plus that electronically processes check payments for deposit without a trip to the bank. Premium enhancements are available for both standard and electronic processing services and include Multiple Check/Future Deposit. With Multiple Check/Future Deposit, aftermarket businesses can accept two to four checks from a customer for a single sale or repair. The checks are scheduled for deposit over a period of time, giving the customer additional time to pay.

"Check processing services are well suited to auto parts and repair businesses and programs such as Multiple Check benefit both the business and customer. Customers get the work they need and the business increases sales and reduces the risk of a returned check. Also, utilizing an electronic check processing service such as Remote Deposit Capture Plus, can save a business time and money," said J. David Siembieda, CrossCheck President and CEO.

“We are pleased to work with CrossCheck as our preferred check guarantee provider. Their payment services will aid our members’ businesses and provide their customers the payment flexibility they need,” said Randy Lisk, AAACT Executive Vice President. About AAACT The Automotive Aftermarket Association of the Carolinas & Tennessee, AAACT (formerly N.C. Automotive Wholesalers Association and Automotive Parts Association of the Carolinas) was chartered in 1952 as a non-profit corporation. For over sixty years the NCAWA, APAC and now AAACT has represented the automotive aftermarket in North Carolina, South Carolina, and Tennessee. The AAACT provides timely updates, industry news, legal issues, legislative and regulatory activities at the state and national levels that impact aftermarket businesses. Visit aaactonline.com/ for more information or call 800-849-8037.

About CrossCheck, Inc. CrossCheck, Inc., an established leader in the payments industry, processes and approves billions of dollars worth of check transactions annually for retail and dealer outlets throughout the U.S. For more than 30 years, its goal has been to increase merchants’ profits by providing efficient and affordable check approval, guarantee and conversion services that can help increase sales and reduce risk. The company has offices in Petaluma, California, Phoenix, Arizona and Dallas, Texas. Their suite of services includes check conversion technology, ACH, web-based transactions and remote deposit capture products and, through subsidiary Optio Solutions, cost-effective debt management tools. Visit www.cross-check.com for more information.

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Source: Company press release.