Electronic Recovery also develops and markets eSoftPay Countertop, which is an electronic check solution that allows businesses to do Point of Purchase electronic check transactions using a Verifone(TM) 3750 terminal combined with a Verifone(TM) or MagTek(TM) check imager. eSoftPay software is integrated with Electronic Recovery Inc.s check verification service (CAPS). Using the largest ATM network in the U.S., the CAPS system checks for outstanding bad checks prior to completing a payment transaction. The CAPS system also allows merchants to configure their own check acceptance limits on a store-by-store basis. Extensive online reporting options are available and NSF items can be automatically resubmitted based on rules defined by the merchant.
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