As part of our partnership with KBO Payment Processing and RDM, we are now offering "Simply Deposit" remote deposit capture (RDC) tool as well as other remote deposit tools based on your business needs.
Let us help you with getting your checks into the bank quicker without ever going to the bank. See below for more details:
What is Remote Deposit Capture? RDC involves the conversion of physical paper checks to electronic data enabling them to be transported, cleared and deposited electronically. Click here for more details.
How does it work? The merchant scans the check, it is submitted to the processor (RDM), then it is submitted to the bank, funds from cleared checks process through the processor (RDM) and post to the merchant's bank account. Click here for more details.
Watch the two minute demo of the product or download the brochure for additional details.
What are the benefits of RDC?The benefits of RDC are plentiful. See a few
examples below:
8 p.m. deposit cut-off time
Funds availability the next business day
Deposit to any U.S. Bank
Online image and deposit research
May reduce bank item processing fees (varies by
bank and account type)
No deposit slip needed
Reduces errors since software reads the amount
on the check and compares it to your totals
