TransCentra Enhances Payments Processing with SaaS Delivery of RDC

SaaS RDC eliminates up-front costs, integrates with company’s eCapture, mobile RDC

NORCROSS, Ga.--(BUSINESS WIRE)--TransCentra, a leading provider of billing and payment software and services, announced at the 2012 RDC Summit that its Remote Deposit Capture (RDC) product is now available via a software-as-a-service (SaaS) delivery model, which seamlessly integrates with the company’s Mobile Deposit and eCapture scanning solutions.

“As technology evolves around making and accepting payments, many companies, including financial institutions, are weighing customer demand for new options, while maintaining a secure, compliant and easy payment handling process”

“As technology evolves around making and accepting payments, many companies, including financial institutions, are weighing customer demand for new options, while maintaining a secure, compliant and easy payment handling process,” said Lynn Boggs, chief executive officer at TransCentra. “Remote deposit capture is an ideal example of how customer needs for options, such as mobile remote deposit capture, are now married with business needs for cost-effective and secure ways to offer RDC.”

With SaaS RDC, financial institutions can rely on TransCentra, as the application service provider (ASP), to eliminate lengthy implementation and software maintenance processes, therefore decreasing up-front and overall costs. RDC customers can scan and capture document images more quickly with confidence that the process for handling payments is secure.

“The added ability to leverage TransCentra’s Mobile Deposit and eCapture solutions with SaaS RDC provides users with a dynamic approach to managing check deposits that is both simple and cost-effective,” said April Sumner, product manager for TransCentra.

TransCentra’s SaaS RDC solution integrates with the company’s eCapture offering, which utilizes small scanning devices to capture data and relay it to the central processing facility. A unique aspect of the eCapture solution is its co-mingled scanning functionality, which allows for multiple document types (such as checks, customer forms, check skirts and remittance documents) to be scanned together in one batch versus the traditional practice of separating each batch type prior to scanning.

Additionally, SaaS RDC allows customers to utilize TransCentra’s complete “capture-to-clearing” Mobile Deposit solution. With Mobile Deposit, users can simultaneously capture and deposit checks via a mobile device, improving overall efficiency by allowing users to facilitate check deposits wherever they choose. In combination with SaaS RDC, TransCentra’s eCapture and Mobile Deposit solutions offer extensive operational benefits, such as accelerated cashflow, improved workforce productivity, reduced paper handling risk and reduced transportation and banking fees.

About TransCentra:

Norcross, Ga.-based TransCentra is America’s largest outsourced remittance processor, one of the largest outsourced billers and a top provider of imaging and payment processing platforms and software. An industry leader in innovative multichannel billing and payment solutions, TransCentra is trusted by many of the largest and most recognized names in both the consumer and business-to-business markets across a variety of industries, including financial services, insurance, healthcare, utilities and telecommunications. For more information, visit www.transcentra.com.