The BancTec Payment Processing product suite leverages our nearly four decades of payment processing experience —we’re the experts in document handling, content management, scan to archive, form and applications processing, and mailroom automation. Our integrated platform provides comprehensive coverage and minimizes delivery times for customers, with completely scalable services and technology to meet customers’ changing volume needs. BPO services include standard reports that track key process metrics (volume, error rates, exceptions, cycle time), while an optional Web-enabled Payment Processing Dashboard is also available. The BancTec solution integrates with all standard technology platforms to reliably deliver account information and exceptions—with platform conversion times of less than a month. Reports and extracts can be delivered via the Internet, EDI or CD.

BancTec utilizes the X-Series™ transports, which process up to 600 documents per minute and set the industry standard for reliability. BancTec Payment Processing service centers utilize PayCourier® and PayCourier® Archive, both proprietary remittance processing and archiving solutions that deliver advanced functionality supporting both electronic and paper transactions with Accounts Receivable Conversion (ARC) and Check 21 Image Exchange capabilities. PayCourier can also support alternate Electronic Check Presentment (ECP).  The BancTec check conversion process yields fewer bad checks, earlier fraud detection, fewer errors, enhanced privacy and reduced costs. 

What’s more, PayCourier has extensive capabilities for managing exceptions, including scalable architecture for complex transactions, import facility for electronic transactions and integration with specialized processing solutions. So enterprises can reap the benefits of reduced costs and increased efficiencies by converging all payment streams, including paper checks, images, Image Replacement Documents (IRD) or Substitute Checks, Automated Clearing House (ACH) and debit transactions into one unified processing system. Flexible archive tools provide quick and easy storage and access using existing networks and the Web. And PayCourier can capture and archive relevant data from checks, stubs, envelopes and correspondence, while Archive offers the ability to cross-reference cash letter reports and support for alternative capture systems. Also, BancTec on-site technicians service all hardware to minimize service disruptions and optimize performance.

BancTec payment processing expertise delivers proprietary hardware and software solutions that let you process checks faster, more reliably, and with greater accuracy—to decrease internal float costs and accelerate funds availability. And by streamlining internal operations, companies can invest in strategic initiatives that create competitive advantage instead of being tied up in facilities, hardware, software, salaries and benefits related to non-core payment processing activities. So lower costs by streamlining processes, increasing flexibility, meeting any changes in volume, lowering your risk by reducing fraud, and increasing data privacy and safety. BancTec will easily manage to transform your enterprise.