eProcessingNetwork offers the latest in mobile payment solutions with mRDC through Paya and ePNMobile.
ePN – The Everywhere Processing Network
“Most small business owners already use their smartphones for personal deposits, so mRDC for their business is a natural transition. ePN offers our mRDC functionality through ePNMobile, our robust mobile payment application, to provide SMBs with simple, secure and affordable functionality .”
HOUSTON (PRWEB)
December 21, 2022
eProcessingNetwork, LLC (ePN), a software development company specializing in secure real-time transaction processing, services and support, today announced that it has partnered with Paya (NASDAQ: PAYA), a leading provider of integrated payment and trade solutions, to offer. first-to-market mobile remote deposit capture (mRDC) payment solution. Available through Paya and ePNMobile payment apps, it offers small to mid-sized merchants easy check acceptance functionality through their device’s camera.
Mobile remote deposit capture (mRDC) technology is now a mainstay for many fully banked consumers and large businesses, but remains a challenge for small to mid-sized businesses (SMBs). A survey of US-based SMBs found that paper checks are still a routine way businesses receive payments, with check usage increasing over the past three years in many B2B verticals. eProcessingNetwork takes the lead in providing an all-in-one solution that simplifies the check deposit process and increases merchant productivity.
“Most small business owners already use their smartphones for personal deposits, so mRDC for their business is a natural transition,” said Steve Sotis, president of eProcessingNetwork. “ePN offers our mRDC functionality through ePNMobile, our robust mobile payment application, to provide SMBs with simple, secure and affordable functionality.”
By downloading the ePNMobile app on iOS or Android devices, B2B merchants can deposit checks electronically with a quick capture of the check image. Integrated with ePNMobile, mRDC adds value and versatility, making it a one-stop mobile payment solution. With mRDC, merchants can easily consolidate deposits and access online reporting from multiple locations and with multiple users. The optical character recognition (OCR) technology that powers mRDC functionality reduces the possibility of errors and fees associated with cashing paper checks, and eliminates the need for manual check entry, saving the merchant time and money, with a positive impact on their bottom line.
“Mobile RDC solutions like ePNs can help small businesses meet the requirements of receiving paper checks, which remain a prominent method of B2B payments today,” said Chris Brundage, Head of PayaACH at Paya. “The secure and cost-effective technology improves SMB efficiency by reducing manual data entry, lost checks and time for funds to clear.”
About eProcessing Network, LLC
eProcessing Network (ePN) is a software development company specializing in secure, real-time transaction processing services, solutions and support for all small to mid-sized merchants. Headquartered in Houston, Texas, ePN is certified to process a comprehensive range of electronic payment transactions through all major credit and debit card, check/ACH and gift card/loyalty processors, and sells its services and products exclusively through resellers and ISO sales channels. eProcessing Network is a registered Visa USA® and Mastercard® third-party service provider and complies with PCI and PA-DSS data security standards. For more information, visit http://www.eProcessingNetwork.com.
More about Paya, Inc.
Paya (NASDAQ: PAYA) is a leading provider of integrated payment and frictionless commerce solutions that help customers accept and make payments, expedite the receipt of money and increase operational efficiency. The company processes more than $40 billion in annual payment volume across credit/debit card, ACH and check, making it a top payment processing provider in the US. Paya serves more than 100,000 customers through more than 2,000 key distribution partners focused on targeted, high-growth verticals such as healthcare, education, non-profit, government, utilities and other B2B goods and services. The business has built its foundation on offering robust integrations into front-end CRM and back-end accounting systems to improve customer experience and workflow. Paya is headquartered in Atlanta, GA, with offices in Reston, VA, Fort Walton Beach, FL, Dayton, OH, Mt. Vernon, OH, and Dallas, TX. For more information, visit https://paya.com/
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