About FlexX (Non return) Cheques: FlexX cheques were specially design for two main purposes, first is to prevent and eliminate fraud, and second is to rebuild a safer transaction and a better payment relationship between the customer and merchant/business.
How does this cheque works? We at Ryteback have spent timeless hours designing and engineering these cheque functions, these cheques can now be accepted without question, first the customer has to open a new account, after there have receiver a cheque book, they cheques are now set electronically to their account. When the customer goes to make a payment the barcode of the cheque is scanned, their photo, their name, and address or business is displayed on screen for the clerk to see.
After all identification is establish next step is to charged the amount on the cheque from the customers balance (NOTE no financial information will never be displayed) Once the cheque is verified, accepted will show other wise declined, the clerk can now temporally hold or deposit the cheque to the merchants account, rendering it a non returnable, this cheque is now secure until the merchant take it to his/hers bank of financial institution.
FlexX Newly Design Cheques:
Smooth & safe transactions, Easy deposits anywhere, anytime, Verify online or via cell phone app.