A Michigan Company

VerifyValidA check but smarter…

Current Check Cost

Ink Check stock Printer

Envelope Postage Mail

Postal Service Delivery

$1 per check in savings

using VerifyValid!

Save $1000’s with VerifyValid checks- Create and send 1-10,000+ checks in 3 clicks of a mouse

Internet

Sender… “Your Check”

Receiver… “Their Printer”

Single Check

Check Run

VerifyValid’s Single check and Check run, match up to traditional paper check usage.

VerifyValid’s Check Import

CSV file sample

Import your checks and remittance directly

via a CSV file.

3 clicks to issue your checks!

The VerifyValid Check

Page 2 Remittance

Separation of Control

Assign who can create checks and who would sign the checks

No remittance

again?

Check scanner jammed!

It’s unreadable.

300Checks on

Monday

Interchange feesEnvelope

opening

A/R Headaches

VerifyValid Lockbox

Export Remittance

Export Remittance

Deposit Check via RDC into your Bank

account! Or Print

Deposit Check via RDC into your Bank

account! Or Print

Additional Lockbox Benefits…•No opening envelopes•No waiting…instant delivery•On Screen Accounting

Check Received

Save 70% of the time in normally takes to processa traditional check and remittance!

RDC Remote Deposit Capture

deposit

VerifyValid Queue

X9.37 check image and deposit slipCreated by the

system

Bank grabs RDC file from

the VerifyValid Queue

Bank validates file before

putting the RDC file intotheir Queue

After the file is validated,

funds are deposited into

the user’s account

STARTFINISH

Only VerifyValid checks enter the RDC!

Export Remittance data as a CSV file from Lockbox

Lockbox saves you time and reduces your costs, but it can also minimize remittance float and provide a solution for receiving checks. Moreover, the timely and accurate data we make available online will help you update account records quickly and provide even better service to your customers.

All checking accounts are authenticated by the owner at the time of enrollment usingan industry standard secret deposit process.

Authenticated checking accounts

There can be only one check!

Every check has a routing number, check number and account number. There can be only one combination of these created by our system.

+Add to it the check amount and the Pay to the order of information

= a Digital value

The Cryptographic Time Stamp = Digital value (from check) X Cryptographic Algorithm X Time (constant)

Based on Patented Technology!

VerifyValid’s system creates a Cryptographic Time Stamp for every check created. When a check is verified we create a Cryptographic Time Stamp that is compared against the Cryptographic Time Stamp in our database. We can prove that the check being verified was created on our system by a user with control over the authenticated checking account. AND because we are creating a Cryptographic Time Stamp for the verification, there is no way to guess the second or third check in the series to see the information.

Verify a CheckThe safest check you will ever receive because you can:

•Verify that it is written on an authenticated checking account

•Confirm that the check has not been changed since its creation

CheckItOut

Web Pagefor

PaymentsOnline!

Email notification of Payment

Check Preview in Lockbox

• Add your CheckItOut page to your website. a pay by check button.

• Add the CheckItOut link to an email for payment.

• Add the CheckItOut link to your invoices or bills you send out.

Your CheckItOut page URL

https://checkitout.verifyvalid.com/payments/20

Start enjoying the benefits of VerifyValid paperless checks today by visiting www.VerifyValid.com

Questions?