Articles
December 9, 2008
Moving Beyond Remote Deposit Capture
by David J. Ney
today
Remote Deposit Capture (RDC) started in the 1999 to 2000 timeframe with the introduction of Point of Presentment (POP) processing, to allow retailers to swipe checks through a check reader and clear them as an Automated Clearing House (ACH) item. Many retailers were reluctant to adopt this technology for two reasons: first, they felt it would be too costly because of the need to equip most, or all, of their checkout lanes with check scanners; second, and maybe more importantly, clerks would have to be trained to answer customer questions about the clearing process, and have the customer sign an authorization form.