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 smartphone App coupled with server-side functionality for image analysis, image enhancement, and MICR reading. Customers can simply log into their Prompt mRDC smartphone 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.