More than $15 Billion Dollars in return check fees were collected last year.
$9 Billion in bank returned check charge Fees
Returned check fees = 1/3 of most banks profit
Personal Checks are the preferred method for consumer purchases.
National Association of Convenience Stores, 2002
6% growth in use of checks at convenience stores
75.6% accept checks
Payments for goods and services by checks comprise 80% of all transactions in the USA.
80 billion checks are written for goods and services annually.
$1.3 Trillion dollars are written in checks annually
2-3% are returned by the bank, marked insufficient funds, account closed etc.
Most businesses do not have a bad check collection department.
41.3% of businesses collect checks themselves
All merchants that accept checks eventually get bad checks.
Only 40% of all consumers have access to credit cards.
Accepting checks increases the retailer's average sale.
Bad/returned checks are on the increase.
Fraudulent checks are on the increase.
Counterfeit checks can be made easier on home computers.
Businesses are losing more than $700 million a year in bad checks.

Source: American Banking Association, 1986, Las Vegas
Returned Checks = Big Business.

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