eFunds Delivers Check Verification Service to Rite Aid

Tuesday 13 January 2004 08:23 CET | News

eFunds through its subsidiary Deposit Payment Protection Services (DPPS), will provide SCAN services to Rite Aid Corporation.

SCAN is the industrys leading check verification solution providing services that help to control check loss and fraud at the point-of-sale. The SCAN risk management service enables retailers to achieve significant cost savings through the reduction of check fraud and transaction losses, and reduced payment processing and servicing costs. SCAN verified an estimated 3.5 billion checks worth over $200 billion in 2002.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce

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