with
ECC with Epson MICR reader
Implementing ECC
using MICR can dra-
matically cut your check processing
costs. But without the right ECC
printer, a poor MICR reader can eat
up your savings with administrative
returns from misreads and substitution
errors. Epson's TM-H6000III, with
its industry-leading MICR reader
offers over 99.9% accuracy, virtually
eliminating misreads and substitution
errors and dramatically lowering
returned check costs and losses. All
of which means you get more ECC
savings and less administrative hassles.
ECC with Epson digital
check imaging
You can realize even more ECC
savings with Epson's TM-H6000III
with digital check imaging. Its exclu-
sive TransScan™ technology provides
an advanced solution that can read
MICR code and capture the complete
check image in a single step, reducing
check costs and processing time. By
capturing the complete check image,
you gain a powerful tool for reducing
ECC
bad check costs and collecting on
returned checks. The check image
also contains complete data on
fraudulent checks and their initiators,
providing legal evidence to facilitate
prosecution of those who commit
check fraud.
ECC with Epson digital check
imaging and ID scanning
Epson also offers the
TM-H6000III with
TransScan and ProofPlus™, an inte-
grated ID scanner that provides fast
and reliable ID capture at the point
of sale. With check fraud on the rise,
ID capture can play an important
role in both deterring and reducing
losses from bad checks. And for
merchants that need to enforce ID
collection policies on age-restricted
merchandise, ProofPlus can aid in
enforcing compliance and lowering
your liability. So you get all the
cost-saving benefits of ECC while
minimizing your losses due to check
fraud and ID collection issues.
and
PIN Debit
Signature
12.6%
Private Label
Credit Card
General
Purpose
Credit Card
18.7%
With checks as the largest percent of non-cash payments,
ECC can have a major impact on your bottom line with
savings in check costs, increased funds availability and
reduced bad check losses.
"
With Epson's high MICR
accuracy we have elimi-
nated misreads and
substitution errors, and
lowered our returned
checks costs.
Epso
Percentage of Non-cash
Payments by Payment Type
6.6%
Debit
4.6%
Source:
©2005 Dove Consulting
"
VP, Store Technology, Books A Million
EBT
1.0%
Check
45.2%
ACH
11.2%
Cy Fenton
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