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Multiple vendors announced a bevy of check-related products at last week's Electronic Transactions Association Meeting and Expo in Las Vegas. Wausau Financial Systems says it added automated check-return management to its RDC Plus remote deposit-capture product. Merchants use remote deposit-capture services to deposit checks to their bank accounts from their locations instead of taking the checks to a bank. Irvine, Calif.-based Fedchex supplies the check-return component. Mosinee, Wis.-based Wausau sells its RDC Plus product through independent sales organizations, which resell the service to generate revenue from check-scanner equipment sales and transaction fees. The check-return service automates the process for merchants to collect on bad checks. RDC Plus can settle funds to merchants in no more than two days, Wausau says. In other check-related news from ETA, electronic-check services company RDM Corp. released the EC7500i check scanner, which the Waterloo, Ontario-based company says has lower production costs so ISOs can sell it to merchants at a lower cost some of its other products. And Tasq Technology, a Rocklin, Calif.-based point-of-sale terminal distributor, says it is offering a remote deposit-capture product that bundles hardware, software and customer support. Tasq is a division of First Data Corp.
