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From Retailers to Billers, businesses are in need of a solution to efficiently manage and process paper check payments.  Leveraging our electronic check payment & deposit web-based software system, with our image capture devices, allows businesses to convert paper checks into electronic transactions at the end of the day in the back office, better known as Back Office Conversion (BOC).

The new rules mean that EFC business customers of every size and type can successfully and affordably share in the benefits of the paper-to-electronic evolution: cost savings in processing, faster checkout lines, quicker access to funds, a single channel for all deposits, improved collection and decreased returns, fewer bank relationships, and comprehensive reporting. Among customers most likely to benefit from the new BOC rules are retailers, municipalities, educational institutions, and financial services companies.

It's Simple. BOC is designed to accept checks at the point-of-sale, or at manned bill payment locations, providing you with an easy and convenient payment acceptance for your business. You can continue to accept your customer's paper checks, but now you can electronically process and deposit them at the end of the day in the back office. Retailers are required to have a notice at the point-of-sale notifying customers of the companies check processing policy and add a notice to the sales receipt or provide a tear-off that the consumers check is subject for conversion. This new procedure eliminates desktop scanning equipment and signatures for conversion at the point-of-sale. In all, speeding up the check process and personnel training. BOC requires businesses or third-party processors to shred or destroy paper checks converted in the back office. No required timeline for destruction. Everything is done in your business environment - no bank visits or deposit slips. All you need is internet access and one of our desktop scanners. Run the checks through a scanner and view each paper check as it's converted into an electronic image and then into an electronic deposit. Our technology seamlessly captures and populates accurate check images and MICR data information into the data fields, alleviating manual data entry work!

Additional Information
Click on the links below to Learn More...

* Key Features

* Benefits for YOU

* Here's How BOC Works

* Desktop Check Scanners
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