EFT Network Exhibiting at the Southern Financial Exchange Conference & Expo

EFT Network, a provider of ACH and check processing solutions to financial institutions, corporations and businesses, is exhibiting at the Southern Financial Exchange Conference, through April 22, in Tunica, MS.

EFT Network is demonstrating its FAXTellerPLUS Remote Deposit Capture solution. The company said that FAXTellerPLUS allows businesses, even consumers, to participate in remote deposit capture by using a standard fax machine with no hardware equipment or software to purchase or download. Financial Institutions can offer FAXTellerPLUS to their business banking customers and as a home deposit solution for their consumers.

"FAXTellerPLUS is useful for businesses and consumers of every size, type and with single and multiple locations that receive low check volume (30 checks per day or less)" said Steve Davis, president of EFT Network. "Businesses that do not have access to the internet, want to eliminate the need for a PC or do not want to perform the functions associated with more traditional remote deposit capture systems will find FAXTellerPLUS economical and easy to use."

At the SFE conference, EFT Network will showcase remote deposit capture using a standard fax machine and EFT Network's special check carriers. The carriers are transparent plastic sleeves with three pockets. The checks are placed inside the pockets and then faxed to EFT Network. The check carriers are customized to contain specific customer identifiers and depository bank information.

"Once we educate financial institutions on what the solution does, how simple it is to use, it instantly becomes clear that remote deposit capture is a solution that will add immediate value to their small business banking customers," said Davis.

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