ED Magedson – Founder
VersacheckDenver, Colorado USA
Versacheck Versacheck wants your banking information Denver Colorado
I purchased Versacheck silver a few years ago. Loved the product and decided to upgrade to Gold a couple of weeks ago. Discovered they have partnered with a company which requires that you hand over your banking information to "verify" your checking account. Checks cannot be written without "Void" printed across the check if you do not hand over your banking information and given a validation key.
Given the number of well known institutions where security has been breached and consumer information such as credit and debit card numbers have been stolen over the past two years, I absolutely will not give my account numbers/banking information out.
In the "fine print" Versacheck says a subscription is required, however they never say what that subscription is or that you cannot use Versacheck to simply wrtie checks, nor does Versacheck plainly warn you that you must give our your banking information to a third party anywhere on the box, or in their advertisements on their web site.
I emailed the company and asked if we could not "just write checks" and do away with the requirement of distributing my account information. The reply was basically "NO".
So $140.00 later, I sit with a useless piece of software. Do NOT purchase Versacheck in any of it's newest versions as you will be required to subscribe to their verification service and provide your banking information.
This report was posted on Ripoff Report on 08/11/2013 05:27 AM and is a permanent record located here: http://www.ripoffreport.com/reports/versacheck/denver-colorado-80923/versacheck-versacheck-wants-your-banking-information-denver-colorado-1074812. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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