Lextech’s Confidential Project Newsletter #3
Check Automation Generates New Revenue
The Vision
Our client has a system that delivers check and payment data to their customers, primarily retailers. To make their system even more useful, they asked us to integrate new types of scanners.
The Product
Lextech engineers integrated new check scanners with a web interface, an existing payment server and banks – automating processes that were previously manual. A procedure that once took hours can now be completed in minutes.
The Revenue
The scanners allow our client to generate new revenue through a transaction processing fee every time a check goes through their system. Their product is also more attractive to retailers because they can submit checks without physically going into the bank.
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