Merchant Capture

Save time and get paid quicker

With nothing more than a scanner, computer, and an internet connection, you can deposit checks directly from your office, store, or other business location. Not on bank hours? No problem. You can make deposits 24 hours a day, seven days a week, and you’ll save time by having the ability to scan multiple checks at once. Images are securely sent to the bank for processing.

If your business has a smaller amount of cash transactions, multiple locations, remote and distant locations, or processes a high quantity of checks, then you’re a prime candidate to realize the business benefits of Farmers State Banks’ Merchant Capture.

Saves time and money

By making deposits on site, you won’t have to close the office to make it to the bank in time. Save money on fuel and hourly labor by depositing right from your desk.

Simple reconciliations

Online access to images, deposits, and reports helps better manage your business and makes account reconciliation a breeze.

Enhanced cash flow

Without the need to visit the bank to make a deposit, you can deposit checks as they come in, improving your cash flow from accounts receivables and purchases. Additionally, you’ll receive information on returned checks sooner allowing for quicker collection.

Growth potential

With Merchant Capture, your business can grow and grow. If you happen to expand out of area, you won’t need to change financial institutions in order to have timely deposits.

Increased security

Digital capture and check processing reduces fraud and multi-level security provides even greater security assurance.

Ready to get started with Merchant Capture? It’s easy! Give us a call today and one of our business banking experts can get your business running more efficiently with this and other smart banking solutions.

Restrictions apply and approval required.

Merchant Capture Frequently Asked Questions

What types of checks can be deposited?

You may scan corporate and consumer checks, money orders, cashier’s checks, treasury checks, and travelers checks as long as these items are drawn on a US bank in US dollars. Customers will not be able to deposit foreign checks including any Canadian checks in Canadian dollars and/or notes as payable in US funds. You will need to deposit those items via a branch or by mail.
Is it safe to transmit data?

Yes. Check images are transmitted using a secure, encrypted connection.
What is the process if a check is rejected during the scanning process?

You will receive a reject message during the scan that will require you to remove the item from the batch in order to continue. The item will need to be deposited via a branch or by mail.
What is the process if a check is processed more than once?

You will receive a message to delete the check from the deposit.
What do I do with the check once it has been scanned? When do I destroy the checks?

Customers are responsible for secure retention of original checks for a minimum of 90 days. We will provide additional information on this procedure.
Where do I get a copy of a check that was scanned and/or destroyed after the 90 days?

You have convenient and easy access to an online image archive for all deposits and deposited items for a specified period.
Can I view a report and/or historical data on checks deposited?

You will have access to a number of reports on a daily basis, as well as historical data.
How do I sign up for Merchant Capture? Do I need to sign a contract?

Signing up for Merchant Capture is easy. Simply fill out a brief application as well as read and sign the user agreement. The user agreement requires 30 days notice to terminate use of Merchant Capture.
What is the pricing for Merchant Capture? What is the cost of the scanner?

In order to use Merchant Capture, you will need to have an active business checking account.

If customer pays for ½ the scanner cost, there will be no monthly charge. Otherwise:

30.00 processing/equipment fee (monthly)
What's required?

• A supported scanner
• A PC with a USB 2.0 port
• A high-speed Internet connection
• An active business checking account with us
• Adequate secure storage for imaged checks