What is Merchant Capture?
Merchant Capture allows your business to deposit checks into your Peoples Exchange Bank account electronically from your location anytime of day! Merchant Capture allows you to image capture payments at your business location and electronically deliver the images to Peoples Exchange Bank for processing. This helps eliminate the need to physically come to the bank to make deposits. Merchant Capture not only increases efficiency and creates faster cash flow, it lets you manage your deposit activity in real time across multiple store or office locations. Merchant Capture is a quick, easy way to make your deposits.
Benefits of Merchant Capture:
With Merchant Capture our customers enjoy the following benefits:
- Convenience and safety—reduced trips (and travel expense) to the bank!
- Consolidate your banking relationship—multiple locations can make deposits to one account no matter where they are located
- Local image archive of deposited checks allows for quick look-up of deposited items
- Saves time preparing deposits
- All paper items, including checks, money orders and cashier's checks, can be deposited using merchant capture
Contemplating Merchant Capture?
- Do you deposit checks daily? Does volume vary?
- How long does it take from balancing your deposit to availability of cash?
- What is your deadline to deposit? Are there times you miss the deadline?
- How much money is held over for the next day's deposit?
- Who prepares and delivers the deposits? What would these resources otherwise do?
What You Will Need:
Peoples Exchange Bank Merchant Capture is easy to set-up and use. All you need are the following items:
- PC with the most current version of our operating system
- High Speed Internet connection
- And of course, account(s) with Peoples Exchange Bank