Precision Software Technologies of Tampa, Florida has launched of
its EZ-Scan.Net online check capture, data archiving and remote deposit
solution. Historically, PST has provided software solutions to large
financial service companies, which use PST's EZ-Scan software to
process over $4 billion in transactions every day.
Now, with the release of its easy-to-use, affordable EZ-Scan.Net
product, PST is making its check image and remote deposit expertise
available to the point-of-sale market, including small businesses,
banks, churches, charities, local government agencies and any business
that receives a significant volume of customer payments by check.
Using EZ-Scan.Net, subscribers can scan checks at the point of sale
or receipt, automatically upload the check data in the form of a Check
21 file to PST's secure server and then digitally deposit the check
to any bank. PST provides the scanning hardware free of charge -- the
client pays only a per check fee, which depends on the suite of services
selected by the client, and the number of checks scanned each month.
"This is an important distinction from most remote deposit plans,
which require users to buy scanning equipment, pay a monthly fee and
technical support charges, in addition to per check fees,"
according to Martin Doyle, PST's head of business development.
"While many large banks are offering remote deposit to their
customers, those systems are generally limited to only deposits, and
only at one bank by definition. Our .Net product can be used for
deposits in multiple accounts at multiple banks. Also, the user can
custom configure its files on our server to download seamlessly into
their existing accounting package such as QuickBooks, Peachtree, or
Microsoft Money," continued Doyle.
"We also offer a package of optional services such as check
verification and guarantee through our industry partners, that the banks
usually don't provide. Our .Net is an end-to-end solution just like
the big banks. However, ours is geared toward the customer end,"
said Doyle. "Our multiple account deposits, 'Pay as You
Scan' model and wide selection of services have all proven very
popular with our initial clients," he added.
PST is projecting 10,000 subscribers in its first year for .Net,
processing 90,000,000 checks at an average of $.12 per check, according
to PST President Charlie Parks. "We have been in this business for
over 15 years, providing enterprise and work stations solutions to
thousands of customers," said Parks. "This move to an online,
'Pay as You Scan' service is very exciting for us and our
clients. Users are excited about the flexibility of depositing checks
into several different banks, not having to buy any hardware, paying
only for the services they use, seamless integration into their
accounting software and the other unique features of our
EZ-Scan.Net," added Parks.
PST has partnered with leading companies to process .Net check
transactions, provide scanning hardware, and to market the .Net solution
to small businesses, banks and government agencies, among others.
About PST
Precision Software Technologies, Inc. is a Tampa-based financial
software company which provides enterprise and small business digital
data capture, archiving and retrieval solutions to clients around the
world. Each business day over $4 billion in financial transactions are
processed using PST's EZ Scan family of software products.
For more information. call 813/508-5555 or visit
http://www,pstinc.net.
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