Merchant Source Capture™ from Fiserv enables you to offer your business customers the convenience and cost savings of making check deposits from their office or store locations. Cost-effective and easy to use, this web-based solution allows them to scan checks or remittance coupons and transmit check images and data directly to your financial institution for faster, more streamlined processing. The only requirement for your customers to utilize Merchant Source Capture is an image scanner and an Internet-ready computer. All software is installed and maintained at your central processing site.

Because our web-based Remote Deposit Capture Suite eliminates the transportation of checks to your branches, this innovative new service can be offered to customers anywhere – helping you compete more effectively in both existing and new markets. Your business customers will be attracted to the convenience, costs savings and expanded deposit windows that this new solution enables you to offer.

Merchant Source Capture supports a back office/ACH conversion and ARC options, including real-time ACH eligibility verification. In addition, it also allows your client to capture additional payment information such as names and invoice or account numbers.

BENEFITS

Financial Institutions:

• Low cost of entry into the RDC market
• Centralized, web-based software for simple deployment and support
• New fee generating service to increase revenue
• Ability to sell outside of the bank’s traditional footprint
• Improved customer relationships, with improved retention
• Accelerated clearing, lower processing costs
• Improved fraud control
• Reduction in branch traffic and check volumes for commercial deposits
• An ideal platform for correspondent bank services

Businesses and Merchants:

• Costs related to transporting checks to the bank are eliminated
• Expanded deposit window
• Improved funds availability
• Ability to centrally manage deposit activity across multiple locations
• Consolidation of banking relationships; reduced fees

> For more information on Merchant Source Capture, contact us at 888.746.3448 or Request More Information.