April 06, 2005

Electronic Deposit Via Kiosk

Wells Fargo also offers a service to customers with existing scanning equipment that lets them make deposits by sending a standardized file to the bank. Retailer 7-Eleven Inc. began testing the bank's Electronic Deposit in October through its network of Vcom kiosks that shoppers use to make ATM transactions. The retailer plans to roll out Electronic Deposit to all 1,050 stores that have Vcom kiosks this year so it can perform daily deposits of checks, says Rick Updyke, 7-Eleven's VP of corporate business development.
Information Week

Posted by keefner at April 6, 2005 07:53 PM