Results for tag: "Check Scanner"

The Check Scanner market is a subset of the Point of Sale (POS) Equipment market. It is composed of hardware and software solutions that enable businesses to accept and process checks as payment. Check scanners are used to capture the information from the check, including the account number, routing number, and check amount. This information is then used to process the payment and deposit the funds into the merchant's account. Check scanners are typically integrated with POS systems, allowing merchants to accept checks as payment alongside other payment methods. The Check Scanner market is highly competitive, with a variety of vendors offering solutions for different types of businesses. Companies in the market include MagTek, NCR Corporation, Ingenico, Verifone, and PAX Technology. Show Less Read more