Question: Do my standard checks include any security features?
Answer: Yes, all Sage checks have built-in security features. However, as check fraud has become more prevalent, Sage Checks and Forms decided to take a proactive approach to help customers prevent it. The MaxProtect Check has nearly tripled the number of security features of our standard check to aid in deterring criminals from trying to wash, lift, and alter sensitive information from checks and assist payees to recognize and not accept fraudulent checks.
The MaxProtect Check has a special foil hologram, a thermochromatic heat sensitive icon, visible and invisible fluorescent fibers, and a prismatic multicolored background built into the paper. In addition, the MaxProtect Check paper stock is an exclusive and controlled paper that is produced solely in secure, U.S. Treasury-approved facilities.
Question: Are MaxProtect Checks compatible with my software?
Answer: Yes, all checks sold by Sage Checks and Forms are guaranteed to be 100% compatible with your Sage solution, including the MaxProtect Checks. No formatting needed. No forms wasted on misprints. Just enter your data and print!
Question: What is the price difference between the standard checks I have and the MaxProtect Checks?
Answer: The MaxProtect Checks do cost more compared to the standard checks because of the numerous security enhancements manufactured in the check paper stock. In the end, it is a prudent investment. Among organizations that suffered a financial loss due to payments fraud in 2010, the average loss was $18,400.* With that in mind, Sage Checks and Forms is taking check fraud seriously, and with the MaxProtect Checks you receive triple the features of the standard check for pennies more per check. Plus, you will have one of the safest checks on the market.
The chart below shows the unit cost difference between standard and MaxProtect Checks (list prices without discounts shown).
Question: What colors are available in the MaxProtect Checks?
Answer: Currently, there are three colors to choose from: Hologram Blue, Hologram Green, and Hologram Maroon. Remember, the MaxProtect Checks feature a prismatic multi-colored background with subtle gradations, so even though you order Blue, Green, or Maroon, you will see a color transition—yet another security feature.
Question: What are the Uniform Commercial Code (UCC) regulations regarding who is responsible for check fraud if it occurs on my business account?
Answer: The Uniform Commercial Code (UCC) regulations place the burden of check fraud on the party that was most negligent in preventing it. Banks may hold business customers accountable if a bank finds customers did not protect themselves from check fraud to the fullest. MaxProtect Checks certainly help remove the liability off the issuer of the check.
Question: Is it true tape can lift sensitive information from checks?
Answer: Customer testimonials have taught us thieves will intercept checks in the mail to lift the payee information and fraudulently alter and endorse checks. For check paper stock that does not have toner adhesion, it is known that using a piece of tape can lift the toner for the payee information from the check, when a laser printer is used to write the check. At that point, a thief can apply any name and cash it. Rest assured, MaxProtect Checks have toner adhesion, allowing the toner to seep into the fabric of the check, making the toner nearly impossible to remove without visible damage to the paper.
Question: How do I order MaxProtect Checks?
Answer: Call 800-617-3224, 8 a.m.–8 p.m. ET (Monday through Friday), to place your order with a Sage check specialist. Order online by visiting www.SageChecks.com and selecting your software solution.
*2011 AFP Payment Fraud and Control Survey Report of Survey Results, Association for Financial Professionals underwritten by J.P.Morgan, March 2011, pg.2.