NetDeposit Further Extends the Benefits of Remote Deposit Capture to Businesses of All Sizes

Small Businesses Can Now Take Advantage of the Benefits of Remote Deposit Capture Regardless of Their Banking Relationship


SALT LAKE CITY, April 13, 2010 (GLOBE NEWSWIRE) -- NetDeposit, a leading provider of distributed payment solutions, announced today that it has added its NetCapture Small Business Remote Deposit Capture (RDC) application to its TotalTransact RDC service, which now offers two Web-based capture applications for depositing checks: NetCapture Small Business and NetCapture Business. Both offer TotalTransact merchants the ability to remotely deposit checks through an easy-to-use, innovative service that improves business productivity by reducing or eliminating trips to a bank branch. NetDeposit will be demonstrating both at the ETA annual expo in Las Vegas, beginning today.

NetCapture Small Business is an intuitive, Web-based RDC application ideal for small businesses that receive a few checks at a single location. It works with the common TWAIN-compatible flatbed scanners, all-in-one devices and single-feed check scanners.

NetCapture Business is a robust, Web-based RDC application suited for businesses with single or multiple locations that regularly receive large numbers of checks. Depending on volume, checks can be scanned using either a single- or multi-feed check scanners. If a business has multiple locations, it will benefit from the advanced centralized reporting and accounting system updates.

"Now any business, regardless of their size and whether they receive a small or large number of checks, can enjoy the benefits of TotalTransact RDC.  One of the greatest benefits of RDC is that a business can easily prepare and deposit checks 24 hours a day, 7 days a week," said William Wong, EVP and general manager of NetDeposit's Merchant Solutions Group. "This flexibility is especially advantageous for a small business owner for whom leaving to run to a bank is a major inconvenience."

TotalTransact RDC is a revolutionary service that enables a business to scan checks and transmit the images via the Internet for processing and depositing into any account at any financial institution. Additionally, all TotalTransact RDC solutions provide users with historical deposit reports, access to past deposit data, customer service, and check scanner maintenance.

About NetDeposit

NetDeposit enables businesses to streamline revenue collection and management with proven payment technologies. NetDeposit's Merchant Solutions Group provides time and cost-saving solutions through its TotalTransact service which makes processing electronic payments faster and more accurate for any business. TotalTransact is the premier payments processing service that provides convenient, multi-channel payment acceptance, initiation, and depositing services to merchants and corporations.

NetDeposit, LLC, is a subsidiary of Zions Bancorporation (Nasdaq:ZION). For information call (801) 716-4800, email pressrelations@netdeposit.com or visit www.netdeposit.com.

NetDeposit, TotalTransact and NetCapture are registered trademarks of NetDeposit, LLC. All other trademarks and/or registered trademarks are property of their respective owners.

The NetDeposit logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7063



            

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