Sturbridge, Mass. (PRWEB) March 1, 2009
Small businesses can now enjoy the same type of instant, paperless check processing as major banks through technology distributed by On-Line Credit Card Services, an electronic payments services company.
On-Line Credit Card has teamed with RDM Corp. of Waterloo, Ontario offer Simply Deposit™, RDM's image and transaction management system for electronic check conversion.
"The system helps clear checks quickly and improves cash flow," said Michael W. Young, president of On-Line Credit Card Services (http://www.onlinecreditcard.com). "A check reader transmits automatically to your checking account, eliminating trips to the bank with paper checks and making funds immediately available."
"This is the same electronic processing as banks themselves have, remote processing on your work site," Young said. "A few banks offer something similar to customers, but the great thing about Simply Deposit™ you are not restricted - you can use it at any bank."
On-Line Credit Card Services will be kicking off the introductions of the RDM products and services by offering a 90-day free trial of the Simply Deposit ™ product. Simply Deposit was developed specifically for small business. Shortly after the initial kickoff, On-Line will expand the offering of the Image and Transaction Management System (ITMS) suite to businesses that need to clear very high volumes of checks.
"RDM is really the developer of this technology," Young said. "They originally developed electronic check-clearing for the U.S. Treasury."
"We look forward to assisting an industry leader like On-Line Credit Card Services in servicing their existing customers as well as in securing new business with our industry-leading products," said John Mamalakis, vice president of sales, RDM Corp. "RDM is uniquely positioned to be able to provide an end-to-end check electronification platform as we can provide both the hardware and software required."
Further information about Simply Deposit and the free trial is available at (508) 347-1041 or at onlinecreditcard.com.
About RDM Corporation:
RDM Corporation is headquartered in Waterloo, Ontario and trades on the Toronto Stock Exchange under the symbol RC. RDM is a leading provider of specialized software and hardware products for electronic payment processing. RDM has pioneered electronic check conversion systems and web based image and transaction management services for banks, retailers, payment processors and government agencies as well as print quality control and image quality systems for a variety of global customers. For further information, visit RDM's website at http://www.rdmcorp.com
About On-Line Credit Card Services, Inc:
On-Line Credit Card Services, Inc. was originally incorporated in Worcester, Massachusetts in 1986. The accounts and assets of the business were purchased in 1991 by current President and Owner Michael W. Young and moved to Sturbridge, Massachusetts, centrally located in New England.
As of January 2009, On-Line Credit Card provides a variety of payment systems and services to a 1,200-merchant customer base. For further information, visit http://www.onlinecreditcard.com or call 1-800-538-1556, Ext. 11.
For More Information, Please Contact:
Michael W. Young, President
On-Line Credit Card Services, Inc.
54 Main Street
P.O. Box 795
Sturbridge, MA 01566-0795
(508) 347-5962- FAX