Merchants tend to systematically refuse payment by cheque through fear of them bouncing, thus depriving themselves of substantial turnover. However by implementing risk and fraud management rules used for bank card payments, cheques can be considered as a secure means of payment and become a real instrument for promoting customer relations.

Make the most of reliable users at the point of purchase and reduce the risk of unpaid cheques.

MAGELLAN offers innovative modular cheque management solutions covering electronic remittance as well as risk and fraud management.

Chèque et Mat is the risk and fraud management module. It permits a graduated recourse to the different resources available in order to validate the reliability of bearers and the genuine nature of cheques.

Chèque et Mat also enables merchants to detect suspect behaviour with regard to the use of cheques in terms of amount, frequency of use and points of acceptance.

The module is based on the following elements:

• the CHPN protocol
• a database
• local processing and control
• access to the local cheque regulation organization to check for irregular cheques
• a conditional call to a guarantor

MAGELLAN offers a hosting and operating service for its solution in secure technical environments as well as services to support its implementation.