Check Scanners include receipt printer with magstripe.
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Press Release Summary:
Equipped with standard USB port, EC7500i(TM) Series is suited for both PC-based remote deposit capture and retail POS applications. Units offer variety of optional features, such as configurable options for check defacement, double or single sided imaging, magnetic stripe reader, and receipt printer. Utilizing Progressive MICR Method, scanners minimize administrative returns due to MICR misreads and rejects.
Original Press Release:
RDM Announces Industry's First Low Cost Check Scanner That Includes an Integrated Receipt Printer & Magnetic Stripe Reader
WATERLOO, ON, April 21 /-- RDM Corporation (TSX: RC), a leading developer of specialized software and hardware products for electronic payment processing and Remote Deposit Capture (RDC) solutions, announced today the release of its new EC7500i(TM) series which features the industry's first low cost check scanner with an integrated receipt printer with magstripe.
"RDM continues to demonstrate product leadership with the release of a new variant of our successful EC7000i(R) series scanner," said Douglas Newman, President & CEO of RDM Corporation. "The new EC7500i series will include virtually all of the functionality currently available in the EC7000i(R), such as a franking acknowledgment printer facilitating the requirements for risk mitigation which is fundamental to FFIEC compliance. An optimized design will enable RDM to offer the EC7500i at an even more competitive price point than previous scanner models."
The EC7500i series is the perfect choice for both PC-based remote deposit capture and retail POS applications seeking to take advantage of a low cost and highly configurable check scanner. With options such as magstripe and a new integrated receipt printer, both remote deposit capture and retail POS solutions will be able to benefit from the small footprint which saves valuable real estate on the merchant countertop, saves the merchant money by reducing the need for an extra receipt printer and is easy for the merchant to install due to its simplified connectivity.
The EC7500i series of check scanners features a standard USB port for flexible connection to PC-based applications, in addition to a wide variety of optional features, such as configurable options for check defacement, double or single sided imaging as well as magstripe and receipt printer. The EC7500i series utilizes RDM's proprietary Progressive MICR Method, delivering the industry's highest MICR read accuracy, which results in lower administrative returns due to MICR misreads and rejects.
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 and. 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 www.rdmcorp.com.
