You may not use checks in your personal life as much as you once did, but they’re still an essential part of your business's daily transactions. Unfortunately, criminals know this fact, making checks a target for fraud. While occurrences of check fraud are much lower than credit cards, the average damage is much higher. Small businesses that have reported fraud suffered a median loss of $150,000. Armed with that knowledge, what can you do to protect your small business and your checks?
What is a High Security check?
Because thieves target the checks that businesses like yours use every day, those checks must be as secure as possible. While regular checks have fewer basic security features, High Security checks are designed to deter fraud attempts, and can provide the protection you need. Here are four reasons you should make the switch today.
1. High-resolution borders and complex color patterns
Successful check fraud depends on the criminal’s ability to replicate a legitimate check. High Security checks from Deluxe feature high-resolution borders and complex color patterns that are much more difficult for criminals to forge.
2. The latest anti-copy technology
Technology can make things both easier and more difficult. High Security checks feature anti-copy technology, which makes them more difficult for criminals to copy with conventional copiers — and easier for you to enjoy peace of mind.
3. Foil hologram
Each of Deluxe’s High Security checks features a foil hologram with seven security features locked inside, making them immensely difficult to replicate.
4. Heat detection
Temperature can be an invaluable resource when it comes to protecting your check. Deluxe High Security checks, for example, feature thermochromic ink that reacts to heat, making it easier to spot as an authentic Deluxe check and not a forgery. Deluxe checks also feature toner adhesion, which uses heat to bind the toner to the check — making any attempts to lift it that much more noticeable.
So, are High Security checks worth it? Just think about the above benefits before you make your decision. The checks you use are an essential part of your everyday business operations; you shouldn’t have to worry about your security every time you use one. Replace your existing standard checks with High Security checks from Deluxe and the greatest benefits may go entirely unseen, but entirely worth it.