BancTec has been designing, building, implementing and optimizing payment processing systems for over three decades. By utilizing proprietary hardware, software and processes, we deliver world-class speed, accuracy and reliability to each of our BPO customers. Advanced OCR technology, specifically optimized for check processing, increases read accuracy rates and minimizes exceptions, yielding fewer bad checks, providing earlier fraud detection and reducing costs. What's more, faster processing decreases internal float costs and accelerates funds availability.

Even better, BancTec's worldwide network of processing centers assures comprehensive coverage and minimized delivery times. Our customers experience superior service and, in return, deliver better service to their own customers.

BancTec listens to you, and then offers flexibility to meet your unique needs. On-site, off-site and off-shore, our customized payment processing options allow customers to leverage their current investments in hardware, software and facilities - all while taking advantage of BancTec's expertise. Regardless of the delivery option, BancTec's proven methodology makes the conversion fast, convenient and cost effective.

Our services integrate with all standard technology platforms (SAP, Oracle, .NET, etc.) to reliably deliver account information and exceptions. And BancTec's standardized reports and Web-enabled payment processing dashboard make overseeing the outsourced relationship easy and convenient.  Reports and data delivery are available via the Internet, EDI or CD.

Summing up, BancTec has been a leader in remittance processing solutions and services for over three decades. We understand the process of transformation.
 
FEATURES

• The service yields fewer bad checks and provides earlier fraud detection, fewer errors, enhanced privacy and reduced costs
• Increased efficiencies are obtained by converging all payment streams, including paper checks, images, IRDs, substitute checks, ACH and debit transactions
• Check conversion to ACH (ARC) is provided to improve funds collection and decrease payment collection cycle times.
• Retail Remittance Processing Services using BancTec's PayCourier® and PayCourier® Archive proprietary systems represent the world's best, most efficient and highest-quality retail payments processing platform. These systems are used by some of the largest and most demanding financial institutions and retail corporations in existence today.
• Image cash letter service provides for electronic transmission of any volume of check conversion - from relatively small numbers to huge amounts.
• Reports and data delivery are available via the Internet, EDI or CD
• BancTec utilizes its own transport devices that process payments at a rate of up to 600 items per minute, and sets the industry standard for reliability
• Flexible archive tools provide quick and easy storage and access using existing networks and the Web
• Gain the ability to cross reference with cash letter reports and balancing items, as well as support for alternative capture systems
• The service can be integrated with all standard technology platforms (SAP, Oracle, .NET, etc.) to reliably deliver account information and exceptions