Articles
August 25, 2008
Who's Investing in Payment Processing Innovations in a Declining Market? Lockbox Providers!
by Bill Ensslen
today
Changes in the transaction processing industry show no signs of ending: Paper remittance transactions are decreasing, but we still need to process paper. Full-page imaging is a proven cost-reducer, and is growing every day. Check 21/ Image Exchange adoption has accelerated, with remote capture as the ‘killer application’. There is a need to capture all forms of electronic payment and ensure the payments are posted to the right account. Plus, the customers want on-line, near instantaneous access to their transaction data and images.