VersaCheckPay.com Mission

UNVERIFIED CHECKS ARE EASY TO COUNTERFEIT

Every year more than 80 billion non-cash payment transactions (such as Check, Credit Card, Debit Card and etc.) are processed in the US. Checks account for the majority of these transactions. The traditional checking system is based on unverified checks which help fraudulent users and scammers to cause significant losses to consumers and the economy overall. Unverified checks have lost credibility and are considered a high risk payment method.

UNVERIFIED CHECKS CAN BE DRAWN ON YOUR ACCOUNT WITHOUT YOUR KNOWLEDGE

Every check openly displays the account information a criminal would need to produce unauthorized checks. There are few safeguards in place to protect the legitimate account holder. The check creation software and online check ordering procedures currently available cannot effectively verify user authority and cannot prevent the creation of unauthorized checks. A con-artist, armed only with the skills to operate a PC and printer, can create unauthorized checks using stolen account information.

Some check paper manufacturers claim safety by including special features into blank paper, such as heat sensitive ink, patterns and special fibers or watermarks. Check recipients are often unaware of these security features or how to find them. Additionally these paper based features are easy to bypass.

Others claim that "MICR ink" (magnetic ink character recognition) and toner provide counterfeit protection and security. This specialized ink is required to print the code line at the bottom of checks and enables high-speed processing through the check clearing system. It is available for purchase widely and many banks charge a fee when it is absent as it can slow the clearing process.

The VersaCheckPay.com Member based Platform sets a new standard in check safety

VersaCheckPay.com protects consumers and partners, prevents harm and proactively threatens abusers. After a simple online Validation users will be enabled to print DNA Secure™ Checks and online Verifiable checks from their validated accounts using DNA Secure™ enabled check creation software. Validation is performed by VersaCheckPay making 2 micro deposits with random amounts into the account to be Validated. Authorized account holders will be able to find the number from their online or printed checking account statement. The account holder must then report back the amounts of these deposits on the VersaCheckPay website.

In the event of unauthorized account access, Validated users can instantly HALT the Verification process and disable DNA Secure™ check printing features for the account. The visual appearance of verified DNA Secure™ items is notably different.

from unverified checks. DNA Secure™ checks display a prominent Validation seal with instructions on how to Verify the check's authenticity, which is available for registered users of VersaCheckPay.com. The check Verification process can be automated for partners who, once authorized, can connect to the Validation web service. The process is similar to a credit card authorization procedure using an online gateway. During output, DNA Secure™ enabled client software verifies authenticity and creates a complex personalized print pattern to make DNA Secure™ checks optically stand out. This custom check design contains replicated check data embedded within the design to uniquely individualize each check with non-reproducible, eye-catching patterns. The personalized digital print patterns, combined with an online verification process, alert users of impending checking account activity and allow merchants to verify a check's authenticity before deposit, increasing ultimate safety of commercial transactions based on checks. Safeguarded, online verifiable checks, printed and deposited by merchants at the time of purchase are an ideal method to avoid costly credit card and other similar services. Goods can now be delivered promptly to customers after real-time verification of check authenticity, avoiding excessive clearing time periods, which is typical for unverified checks.

How It Works

The DNA Secure™ check platform combines the power of today's high-resolution full color digital desktop printing with high speed real-time information processing provided through the Internet. Each check is unique, practically impossible to counterfeit, identifies itself as "Online Verifiable", leads to real-time activity-messaging to alert users and thereby enables Validated account holders to interfere before harm can occur.

The system also includes a member rating, which tracks reported payment complaints about unreliable account holders to help partners assess the risk of doing business with customers and prospects using the system. Since an unauthorized user would provide early-warning to potential victims during an account validation or check verification process, the system naturally repels fraudulent use: con-artists would effectively expose themselves before materializing any benefit. The DNA Secure™ check system can help eliminate fraud and protect consumers and businesses with safeguards far superior to anything currently offered in the industry of creating, delivering and processing checks.

We now have a DNA Secure™ choice!

The system has been designed to allow easy integration into existing payment solutions online and the many alternative methods used to create unverified checks at the desktop or by mail order. Why continue to accept and tolerate any harm and losses from check related fraud and scams?