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Check Authorization Software in the US - Procurement Research Report

Check Authorization Software Procurement in the US

This report is intended to assist buyers of check authorization software. Check authorization software assists sales associates at the point of sale by verifying the customer's driver's license information and capturing an image of the check in order to read the account data. The software then authorizes the check using a variety of databases that ensure the check will clear. Retailers use check authorization software to minimize the risk of fraud while still accepting checks as a form of payment. Suppliers in this market are software publishers and payment processing service providers. This report does not include point-of-sale terminals or electronic check acceptance (ECA) warranty services.


AT A GLANCE

EXECUTIVE SUMMARY

PRICE ENVIRONMENT

Price Fundamentals

Price Drivers

Recent Price Trend

Price Forecast

PRODUCT CHARACTERISTICS

Product Life Cycle

Total Cost of Ownership

Product Specialization

Related Goods

Substitute Goods

Regulation

Quality Control

SUPPLY CHAIN & VENDORS

Supply Chain Dynamics

Competitive Environment

Market Profitability

Switching Cost

PURCHASING PROCESS

Buying Basics

Key RFP Elements

NEGOTIATION STATISTICS

BUYER POWER SCORE COMPONENTS

JARGON & GLOSSARY

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