How large is the cheque cashing market?
Cheque cashing is a £1billion business.
What is the typical cheque for?
65% of Cheque Exchange’s cheques are for wages.
What types of businesses are suitable for cheque cashing?
Convenience stores, newsagents, financial services stores and many more with just a high street presence.
How much does it cost to become a cheque cashing agent?
Apart from the £110 Money Service Business registration fee paid directly to the HMRC, the service is provided free of charge.
What are the benefits to me?
Great commissions, no capital outlay, increased footfall, increased profits and all at no risk!
Posted in: Retail-Faqs