Check Mate by Checkissuing

How do payment lockboxes work, and why do so many businesses rely on lockbox services to process incoming payments? In this episode, we break down the payment lockbox process step-by-step and explain how businesses streamline accounts receivable, process mailed checks faster, and improve cash flow. Lockbox processing allows companies to outsource check handling to secure facilities that scan payme...

What is a rebate from a business perspective — and how do you choose the right type without hurting margins or customer trust? In this episode, Mark Greenspan from Checkmate breaks down how rebates actually work behind the scenes and why the type of rebate often matters more than the dollar amount. This isn’t a consumer explainer — it’s a practical guide for business owners, operators, and pricing...

In this episode of Check Mate, Mark Greenspan breaks down Positive Pay, one of the most effective tools businesses can use to prevent check fraud. While it may not be flashy, Positive Pay quietly shifts liability, stops fraudulent checks before they clear, and can even save companies money on stop-payment fees. Mark explains how standard Positive Pay works, how Payee Positive Pay adds an extra lay...

How did we go from flying bags of paper checks around the country… to depositing them with a smartphone… to sending ⁠ eChecks ⁠by email? In today’s episode, Mark takes us back to a moment in financial history that most people never realized shaped the modern payments world. Before mobile banking, before instant transfers, before digital checks, our entire U.S. banking system relied on one fragile...

In this episode of The Pen, host Mark Greenspan breaks down why more and more businesses are ditching paper checks and adopting eChecks — fully digital checks that move through the banking system just like traditional ones, but without the paper, postage, or delay. In this episode, Mark explains how the typical paper-check workflow creates unnecessary cost, friction, and risk for businesses and th...