Infographic | July 13, 2023

Checks Are "Free": A Convenient Myth MSPs Like To Believe

Source: ConnectBooster
ConnectBooster - Checks Free

Many MSPs mistakenly believe that collecting and processing checks is the least expensive way to get paid. At first glance, getting paid via check seems like the least expensive option since that method requires no software and it avoids the processing fees associated with credit cards and payment gateways (typically between 3-5%).

But when you dig into the time, labor, and resources required to send and process checks, costs add up fast.

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