ePN – The Ubiquitous 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 payments app, to provide SMBs with simple, secure and affordable features. ”
HOUSTON (PRWEB)
December 21, 2022
eProcessingNetwork, LLC (ePN), a software development company specializing in secure real-time transaction processing, services and support, announced today that it has partnered with Paya (NASDAQ: PAYA), a leading provider of integrated payments and commerce solutions, to offer its company. a market-first mobile remote deposit capture (mRDC) payment solution. Available through Paya and ePNMobile payment applications, it provides small-to-medium-sized merchants with an easy check acceptance function 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 the small to midsize business (SMB). A survey of US SMBs found that paper checks are still a routine way for businesses to receive payments, with check use increasing over the past three years in many B2B verticals. eProcessingNetwork is leading the way 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 payments app, to provide SMBs with simple, secure and affordable features.”
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 powering mRDC functionality reduces the potential for errors and fees associated with depositing paper checks, and eliminates the need for manual check entry, saving merchants time and money, with a positive impact on their bottom line.
“Mobile RDC solutions like ePN’s can help small businesses meet the demands of receiving paper checks, which remains a preeminent 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 to clear funds.”
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 wide 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 is compliant with PCI and PA-DSS Data Security Standards. For more information, visit http://www.eProcessingNetwork.com.
About Paya, Inc.
Paya (NASDAQ: PAYA) is a leading provider of integrated payments and frictionless business solutions that help customers accept and make payments, accelerate cash receipts and increase operational efficiencies. The company processes more than $40 billion in annual payment volume through credit/debit card, ACH and check, making it a leading payment processing provider in the United States. 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, nonprofit, government, utilities, and other B2B goods and services. The business 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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