Remote Deposit Capture is a service that allows users to scan checks and transmit the scanned images to a bank for posting and clearing. The basic requirements for an RDC service currently include a PC, an Internet connection, a check scanner and a service provider such as your bank.
While it’s true that corporate customers are flocking to remote deposit capture, what is surprising is the impact this service is having on the small and medium-sized business market. For these customers, the value of quicker funds availability is not the driving force.