The overview outlines Fiserv's Merchant Deposits solution, designed to offer businesses a simple, cost-effective way to deposit checks remotely. It enables business accountholders to scan and process check deposits from their location, eliminating the need for branch visits. The solution includes software, hardware (Fiserv-certified check scanners), installation, training, and ongoing support. Merchant Deposits streamlines deposit processing, enhances float management, and improves efficiency. It also offers customizable reports, secure real-time transmission of check data, and support for lockbox operations. The service integrates seamlessly with financial institutions’ business banking portals and includes features like duplicate detection and item quality control.

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