NAICS Code 423420-12 - Check Protection Sign/Endrsng Mach (Wholesale)

Marketing Level - NAICS 8-Digit

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Company Websites: 5
Phone Numbers: 15
Business Addresses: 15
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NAICS CODE 423420-12
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NAICS Code 423420-12 Description (8-Digit)

The Check Protection Sign/Endrsng Mach (Wholesale) industry involves the wholesale distribution of machines used for check protection, endorsement, and related activities. These machines are designed to prevent check fraud and ensure the security of financial transactions. Companies in this industry typically purchase these machines from manufacturers and sell them to retailers or directly to end-users.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423420 page

Tools

Tools commonly used in the Check Protection Sign/Endrsng Mach (Wholesale) industry for day-to-day tasks and operations.

  • Check protectors
  • Endorsing machines
  • Signature scanners
  • Magnetic ink character recognition (MICR) printers
  • Check signers
  • Check writers
  • Check encoders
  • Check perforators
  • Check validators
  • Check scanners

Industry Examples of Check Protection Sign/Endrsng Mach (Wholesale)

Common products and services typical of NAICS Code 423420-12, illustrating the main business activities and contributions to the market.

  • Check printing companies
  • Banks and financial institutions
  • Retailers with in-house check printing operations
  • Government agencies issuing checks
  • Payroll processing companies
  • Accounting firms handling check payments
  • Non-profit organizations issuing checks for donations
  • Insurance companies issuing claim payments
  • Healthcare providers issuing reimbursement checks
  • Educational institutions issuing financial aid checks

History

A concise historical narrative of NAICS Code 423420-12 covering global milestones and recent developments within the United States.

  • The "Check Protection Sign/Endrsng Mach (Wholesale)" industry has a long history dating back to the early 20th century when the first check protectors were invented. These machines were designed to prevent check fraud by imprinting a pattern on the check that could not be easily duplicated. Over the years, the industry has seen many advancements, including the development of electronic check protectors and endorser machines. In recent years, the industry has also seen a shift towards more digital solutions, such as check imaging and remote deposit capture. In the United States, the Check 21 Act of 2004 allowed banks to process checks electronically, which has led to increased demand for digital check processing equipment.