The end of manually processing paper payments
With Select Remittance™ from Cachet Financial Solutions, retail businesses can capture customer checks, coupons and other paper payment documents and automatically post them to their accounts receivable account – while enabling electronic transmission of check deposits to their financial institution, too. It’s a creative, cloud-based solution built for the commerce of today that eliminates the need for manually processing paper payment documents and entering data into back-end systems.
Merchants value Select Remittance™ because it enables check depositing from any remote location – simply with a small check scanner. It transforms paper-based payment handling processes into an easy, image-based proof-and-presentment workflow. Merchants can process checks and coupons in a single pass, validate their authenticity and forward the checks electronically to their financial institution for deposit. They can even extract files that can be used to enter payment data into their in-house accounts receivable ledger.
One complete system
Select Remittance™ is a complete electronic payment processing system from Cachet Financial, today’s mobile money management and remote deposit capture pioneer. It offers all the functionality required for merchants to process checks, update their accounting systems and submit files to their financial institutions. That’s innovation at work!
For more information on our merchant capture solution, Select Business™, visit here.
For more information on Select Remittance™ contact us.