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With the passage of the Check Clearing Act for the 21st Century, Merchant Check Capture became viable and every check image vendor, without exception, began retooling their systems to take advantage of technology that potentially could be implemented in any of the 5 million U.S. businesses, an opportunity that no bank can overlook.
The list of benefits from Merchant Check Capture is significant, practical, and easy to understand. Changes in business and consumer transactions during the past decade clearly demonstrate their preference for electronic transactions over paper. These preferences help define the value of Merchant Check Capture...
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