VolCorp is proud to announce that ezcapture, our suite of remote deposit capture products, now includes merchant capture.




Merchant Capture, in its most simple terms, is a service which allows a user to scan checks and monetary instruments (e.g., traveler’s checks or money orders) and transmit the scanned images to a credit union for posting and clearing. Through Merchant Capture, business customers use an existing PC, web-based software, and a certified scanner to image-capture check payments at their business location and – over a secure Internet connection – electronically deliver the images and MICR information to their credit union for deposit into their account(s). Since there is not a separate PC to purchase, Merchant Capture can also be used by smaller credit unions unable to make the initial investment required for Branch Capture.


Using a PC, scanner, and an Internet connection, daily checks received at your member’s business can be scanned and sent electronically for deposit at your credit union. Specifically, as checks are received and batched at your member’s business, an operator (at the business) logs in to Merchant Capture (branded ezcapture) and turns on the scanner. The operator places a batch of checks into the check scanner feeder and clicks the "Start Scan" button. As the system captures the checks, it creates check images, validates image quality, determines the check amount, verifies the routing/transit number, analyzes the check data to determine possible duplication, and determines if the check is a foreign item. Following the capture of the items, the operator is prompted to key in any check amounts that were unable to be read. If necessary, the batch is then balanced by deleting or inserting items, or by correcting the deposit total. Once the batch is balanced with the control total, it can be submitted electronically to the credit union for approval. For research purposes, reports and a history of transmitted checks are also stored within the application for a period of 30 days. However, ALL images are available to member credit unions for a period of seven (7) years through Access
Image-NET.


Merchant Capture eliminates the need for face-to-face contact that results from
in-person deposits (thereby reducing workload and required staffing), and reduces the cost and volume of paper associated with physically mailing or depositing checks or monetary instruments. By eliminating the need for business members to physically transport checks to the credit union for deposit, your credit union can build stronger relationships and expand its geographic reach and market share. Similar to Branch Capture, the software checks for duplicate and rejected items, provides the merchant or credit union with reporting capabilities, and improves availability of funds.

Summary of Benefits to Business Member:

• Reduce or eliminate courier/non-courier costs
• Reduce fraud
• Reduce posting errors
• Decrease need to maintain multiple financial institution relationships
• Reduce time to research checks and deposits
• Extended same-day processing window
• Improve availability of funds
• Reduce document loss
• Make deposits at your convenience

By automating check collection processing functions at the branch level, you’ll increase productivity and optimize accuracy. You will also have access to your deposit images just like you do with share draft images. Here are a few other benefits:

• 100% availability of funds next business day
• Free onsite training and expert support from people you know and trust
• Earn the best interest with our competitive rates
• Easy to read reports by batch, teller or branch to name a few
• Free access to your deposit check/return images through Access Image-NET
• 7-year image retention
• Cost savings through the reduction or, in many cases, elimination of the need for microfilming and courier services

Our ezcapture Remote Deposit Capture solution may be the turning point in how you serve your members. For more information or a comparative analysis, please contact Michelle Palmer at (800) 470-3444 or (615) 232-7900, extension 277.

Take a closer look at what VolCorp can do for you, we bet you’ll be amazed!