Remote Deposit – High- and low-volume deposit capture solutions
The Remote Deposit solution provides a high- and low-volume deposit capture system for virtually any commercial entity, including online merchants, who accept checks as a form of payment. This fully integrated, Web-based electronic payment processing system leverages a check scanner to convert paper checks into electronic transactions. It then processes them through the ACH network or Check 21 image exchange network. Furthermore, the system automates returned check re-presentment, generates real-time reporting, and supports proactive risk management. Using a patent-pending process, this innovative solution also supports one-time payments by accepting check and account information over the Internet. This processing is done in a totally secure environment. This innovative solution increases revenue, improves efficiencies, and enhances customer relationships by combining the flexibility and immediacy of electronic payments with the familiarity of paying by check.