BankServ Partners With Capital Payments to Offer Innovative e-Check Processing and Remote Deposit Solutions

Oct 25, 2007, 01:00 ET from BankServ

    SAN FRANCISCO, Oct. 25 /PRNewswire/ -- BankServ
 (http://www.BankServ.com), worldwide experts in electronic payments, today
 finalized agreements with Capital Payments, LLC, an innovative national
 provider of Electronic Payment Services, to offer BankServ's SameDayPay
 e-check processing and DepositNow! remote deposit solutions to Capital
 Payments' business customers.
     Capital Payments, LLC, headquartered in Melville, NY, provides payment
 services to businesses of all sizes and in various industries through its
 Capital Payments Advantage(SM) program. The program enables trusted
 advisors, such as CPAs, to maintain oversight into client processing costs
 and enhance their value by bringing cost effective, efficient solutions to
 their client base. The company's electronic payment services include
 credit, debit, check, ACH, Check 21, and working capital solutions. Capital
 Payments' registered trusted advisors will now have access to BankServ's
 DepositNow! remote deposit and SameDayPay e-check services to recommend to
 their business clients.
     "At Capital Payments, our focus is to provide a comprehensive suite of
 merchant payment solutions," said Craig Stokum, SVP Business Development
 for Capital Payments. "We strive to adopt innovative technology in order to
 create custom-tailored payment programs to meet the unique needs of today's
 businesses. Capital Payments recognizes the growing importance of remote
 deposit and e-check payments within the banking and business industry, and
 is excited to work with BankServ to offer the best available electronic
 payments solutions for our merchant customers. We believe these offerings
 will resonate with the members of our trusted advisors network and will
 drive efficiencies for our small to mid size merchants who are typically
 underserved when it comes to emerging technology. The fact that DepositNow!
 is deeply integrated with the most popular accounting programs should be of
 particular appeal to our trusted advisors."
     "BankServ looks forward to working with Capital Payments and expanding
 our customer reach to Capital Payments' trusted advisors network," comments
 David Keenan, Vice President Corporate Marketing and Enterprise Payments
 Sales, BankServ. "SameDayPay and DepositNow! are ideal for small businesses
 seeking innovative solutions to help them save time and better manage their
 money."
     BankServ's hosted web service, SameDayPay, transfers funds directly
 from senders' bank accounts to the receiver's account -- allowing users to
 quickly and easily pay for taxes, services, utilities, products, loans,
 dues or even charitable contributions. SameDayPay integrates within a
 business' website to offer a convenient and inexpensive way to collect and
 manage payments.
     BankServ's remote deposit solution, DepositNow!, is the leading
 solution remote deposit capture for small businesses. DepositNow! enables
 businesses to deposit from their desktop virtually any check into any U.S.
 bank account. DepositNow! further integrates with popular accounting
 systems to automatically match outstanding invoices to scanned checks and
 update accounts receivable. DepositNow! has received a number of awards
 including the Sleeter Group's '2007 Awesome Add-On Award for QuickBooks'
 and the CPA Technology Advisor Magazine's 2007 Tax & Accounting Technology
 Innovation Award.
     About BankServ
     Since 1996, BankServ has been developing and delivering electronic
 payments technology for financial institutions across the globe, including
 systems for Fedwire, SWIFT, person-to-person payments and Check 21. More
 information about privately held BankServ can be found at
 http://www.bankserv.com.
     About Capital Payments
     Headquartered in Melville, NY, Capital Payments, LLC is a leading
 national full service provider of Electronic Payment Services including,
 Credit, Debit, Check, ACH, and Check 21, as well as Working Capital
 Solutions to businesses of all sizes in various industries. Capital
 Payments was founded by industry veterans who understand the challenges
 faced by businesses and bring decades of experience in delivering
 leading-edge payment processing solutions and financial services to serve
 the ever changing needs of those businesses. Through its Trusted Advisors
 program, Capital Payments is effectively able to reach and serve merchants
 in a way that provides them with confidence that their payments needs are
 being fully addressed. Details on Capital Payments' products, services and
 Trusted Advisors program can be found at http://www.capitalpayments.com
 
 

SOURCE BankServ
    SAN FRANCISCO, Oct. 25 /PRNewswire/ -- BankServ
 (http://www.BankServ.com), worldwide experts in electronic payments, today
 finalized agreements with Capital Payments, LLC, an innovative national
 provider of Electronic Payment Services, to offer BankServ's SameDayPay
 e-check processing and DepositNow! remote deposit solutions to Capital
 Payments' business customers.
     Capital Payments, LLC, headquartered in Melville, NY, provides payment
 services to businesses of all sizes and in various industries through its
 Capital Payments Advantage(SM) program. The program enables trusted
 advisors, such as CPAs, to maintain oversight into client processing costs
 and enhance their value by bringing cost effective, efficient solutions to
 their client base. The company's electronic payment services include
 credit, debit, check, ACH, Check 21, and working capital solutions. Capital
 Payments' registered trusted advisors will now have access to BankServ's
 DepositNow! remote deposit and SameDayPay e-check services to recommend to
 their business clients.
     "At Capital Payments, our focus is to provide a comprehensive suite of
 merchant payment solutions," said Craig Stokum, SVP Business Development
 for Capital Payments. "We strive to adopt innovative technology in order to
 create custom-tailored payment programs to meet the unique needs of today's
 businesses. Capital Payments recognizes the growing importance of remote
 deposit and e-check payments within the banking and business industry, and
 is excited to work with BankServ to offer the best available electronic
 payments solutions for our merchant customers. We believe these offerings
 will resonate with the members of our trusted advisors network and will
 drive efficiencies for our small to mid size merchants who are typically
 underserved when it comes to emerging technology. The fact that DepositNow!
 is deeply integrated with the most popular accounting programs should be of
 particular appeal to our trusted advisors."
     "BankServ looks forward to working with Capital Payments and expanding
 our customer reach to Capital Payments' trusted advisors network," comments
 David Keenan, Vice President Corporate Marketing and Enterprise Payments
 Sales, BankServ. "SameDayPay and DepositNow! are ideal for small businesses
 seeking innovative solutions to help them save time and better manage their
 money."
     BankServ's hosted web service, SameDayPay, transfers funds directly
 from senders' bank accounts to the receiver's account -- allowing users to
 quickly and easily pay for taxes, services, utilities, products, loans,
 dues or even charitable contributions. SameDayPay integrates within a
 business' website to offer a convenient and inexpensive way to collect and
 manage payments.
     BankServ's remote deposit solution, DepositNow!, is the leading
 solution remote deposit capture for small businesses. DepositNow! enables
 businesses to deposit from their desktop virtually any check into any U.S.
 bank account. DepositNow! further integrates with popular accounting
 systems to automatically match outstanding invoices to scanned checks and
 update accounts receivable. DepositNow! has received a number of awards
 including the Sleeter Group's '2007 Awesome Add-On Award for QuickBooks'
 and the CPA Technology Advisor Magazine's 2007 Tax & Accounting Technology
 Innovation Award.
     About BankServ
     Since 1996, BankServ has been developing and delivering electronic
 payments technology for financial institutions across the globe, including
 systems for Fedwire, SWIFT, person-to-person payments and Check 21. More
 information about privately held BankServ can be found at
 http://www.bankserv.com.
     About Capital Payments
     Headquartered in Melville, NY, Capital Payments, LLC is a leading
 national full service provider of Electronic Payment Services including,
 Credit, Debit, Check, ACH, and Check 21, as well as Working Capital
 Solutions to businesses of all sizes in various industries. Capital
 Payments was founded by industry veterans who understand the challenges
 faced by businesses and bring decades of experience in delivering
 leading-edge payment processing solutions and financial services to serve
 the ever changing needs of those businesses. Through its Trusted Advisors
 program, Capital Payments is effectively able to reach and serve merchants
 in a way that provides them with confidence that their payments needs are
 being fully addressed. Details on Capital Payments' products, services and
 Trusted Advisors program can be found at http://www.capitalpayments.com
 
 SOURCE BankServ