Electronic Check Clearing
Prompt mRDC is a remote check deposit capture solution that permits bank’s retail customers and small business owners to deposit a check using their mobile smart phones by snapping a picture of the front and the back of a check in order to deposit them directly into their accounts. Providing quicker availability of funds and value added convenience.
Prompt mRDC is designed to be used as a smart- phone App coupled with server-side functionality for image analysis, image enhancement, and MICR reading. Customers can simply log into their Prompt mRDC smart-phone application, key in their deposit amount and snap pictures of the checks using their phone cameras.
Prompt mRDC will help your bank expand its geographic footprint, provide a new convenient self- service channel to your customers, reduce queues at the branch, reduce inquiries from call centers, and lower your overall cost of processing check deposits, in addition to a noticeable increase in your competitive advantage. Customer satisfaction, improved channel delivery economics, acquiring new customers and grow revenue is also considered as benefits for offering such a service.
Micro- businesses and the bank’s individual customers who are on the move and receiving small and regular number of checks on a daily basis will find this channel to be of a great value especially that it extends their depositing window to be 24x7 and save them their regular trips to the bank.