JUSTCHEX offers online drafting option for collecting state fee

The technology leader in online electronic check recovery adds drafting option to allow state fee collection without requirement of check writer written approval

Oxnard, CA, Nov 3, 2003 - JUSTCHEX, LLC, ("JU$TCHEX™") the company that provides Internet access to a simple-to-use and highly effective electronic check recovery process for returned checks announced today that clients now have an option to create a paper draft in the amount of the state fee thereby eliminating the need to get a written approval from the check writer. This new option is expected to be popular among pizza delivery, convenience stores and any other company that does not deal with a manageable base of repeat customers.

"I use JU$TCHEX with the written approval and find that solution to be highly effective for my operation. And I stress the word "highly". I can imagine that this new feature will only further broaden the appeal of JU$TCHEX among businesses like ours, according to John Gani, a Domino´s Pizza Franchisee.

Using this new option, a JU$TCHEX client is only required to post a notification in plain view at the point of purchase. If this option is selected, the JU$TCHEX web site will only process the face value through the ACH network for payment and the fees will be converted to a paper draft for deposit into the check writer’s account by JU$TCHEX on behalf of the client. Paid fees will return to a JU$TCHEX managed processing account and our clients will be paid weekly for the fees recovered less the JU$TCHEX draft transaction fee.

Some of the options for notification at the point of purchase include a readable sticker, a notice on a billing statement, a printed message on a delivered box, or a medallion or badge worn by a delivery person.

"We are very pleased to be able to provide our clients with the options they need to most effectively process their returned checks for payment. In the last few months we have added several new features including negative files, exports, online collections of all returned checks, and automation of consolidated returns. And we have other enhancements on the way," says Richard McShirley of JU$TCHEX.

About JU$TCHEX

JU$TCHEX is an IBM business partner that provides online access to secure NSF check re-presentment. Merchant registration for JU$TCHEX is free and can handle clients with one or thousands of locations. JU$TCHEX has positioned itself as a leader by listening carefully, thinking ahead, and moving with purpose to provide clients with access to the best solutions.

For more information please visit http://transmodus.net, or call us at 805-604-4472.

Contact: press@transmodus.net

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