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. In fact, research from The Federal Reserve shows small businesses lose more than $1200 on an unauthorized check transaction, vs. $138 on average for general purpose credit cards.
Armed with that knowledge, what can you do to protect your small business and your checks?
Because thieves target the checks that businesses like yours use every day, those checks must be as secure as possible. Fortunately, high-security checks can provide the protection you need. Here are five 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 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. False-positive testing areas and watermarks.
High-security checks help banks and retailers help you. Each check is embedded with a false-positive testing area so a check’s authenticity can be validated with a simple swipe of a black light pen. Watermarks offer a second level of security, as you can simply hold the check up to the light and look for the watermark inside.
5. Heat detection.
Temperature can be an invaluable resource when it comes to protecting your check. Deluxe’s 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.
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. Visit Deluxe.com to learn more about our high-security checks today.