SIMPLY DEPOSIT
Checks make up the largest market share of all non-cash transactions and is the number 1 payment method for B2B transactions. In 2006, 33 billion checks were written in the USA, and $41 trillion in payments were made by check, but, currently only about 7% of all U.S. businesses process check electronically.

That leaves an enormous market opportunity – 23 million small businesses and 22 billion checks that could all be deposited with Simply Deposit

It is

• Simple to use

• Deposit checks from your desk

• Save money and time

• Funds available next business day

• Reliable and secure

• Reduces liabilities

Features & Benefits

DEPOSIT FROM YOUR DESK

• Deposits can generally be made in less than 10 minutes

SAVE TIME AND MONEY

• Eliminate bank deposit hassle – deposit preparation, trips to bank, waiting in line, fuel costs

• Reduce your bank fees (monthly account, per item and per deposit, return fees)

GET FASTER AVAILABILITY OF FUNDS

• Typically next business day availability (8 p.m. eastern time cut-off)

LOWER YOUR RISK

• Employees making bank deposits – risk of accidents (bodily injury, 3rd party liability, insurance, legal issues)

INCREASE OFFICE EFFICIENCY AND CUSTOMER SERVICE

• Robust reporting, access check images instantly

• Eliminate photocopying and paper storage and retrieval practices

• Interface to accounting software like QuickBooks to reduce A/R reconciliation time

GOOD FOR THE ENVIRONMENT

• Reduction in fuel usage, energy used in check processing, emissions, photocopy

How it all works


 

Payment Alliance International is a registered ISO/MSP with HSBC Bank, USA,
National Association, Buffalo, NY.