Advantage | VALID Systems: Check cashing and verification solutions leader for the financial services industry

	VALID Systems’ product line for retailers offers the low cost, convenience, speed, and reliability you need for successful, profitable check cashing.

People without traditional bank accounts make up the fastest growing customer segment in the U.S. Many of them are young adults, without established loyalties. They work, they spend, and they need a place to cash their checks. If you’re that place, they are likely to spend up to three times more money in your store than if they cashed that check somewhere else.

Check cashing can provide a steady revenue stream, attract new customers, build customer loyalty, and boost spending in the stores that offer it. Products of the past were bulky and inflexible. The process took too long. Customers felt insulted. Too many were turned away.

VALID’s approach does away with these problems -- delivering on the promise check cashing holds for retailers. Today, retailers can enjoy the benefits of check cashing with none of the hassles.

	VALID’s solutions are so inexpensive and quick to install and operate, you can start generating income in under an hour, on the first transaction. With a terminal footprint about the size of a laptop, VALID’s products don’t take away space from product display. Its rapid, pleasant customer experience builds loyalty without slowing up the check-out process.

	VALID’s industry-leading 93% approval rate/18 bps loss rate enables you to safely serve more customers. Your employees will never again have to turn away a potentially valuable customer, or slow down the line while they evaluate the check. VALID’s retail enrollment time is 60 seconds; repeat transactions take 27 seconds. The result is more customers and more revenues, with dramatically reduced fraud and very little impact on your space and resources.

	With the strongest fraud protection and security on the market, you can count on VALID to reduce your risk. That’s why major banks, financial services companies and check cashing chains have switched to VALID to meet their check cashing and verification needs. VALID’s team has unparalleled range, depth and length of experience, with more than 20 years in the check cashing sector. Key executives delivered the industry’s first successful automated product; team members offer expertise in ATMs, customer segmentation, financial technology, credit and risk assessment, and retail environments.