Check Out Check Products
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"The major banks that I have spoken with say that initially, it will be very expensive to begin processing checks this way," Reid noted. "But, in the next five years, you'll see an increase in the number of scanned checks at the point of deposit."
Growth Markets
Pressure-seal checks represent another growth market for distributors, Reid said. Although pressure-seal and mailer products are nothing new, short-run folder/sealer equipment prices have plummeted over the past three to five years, making the product affordable at last for companies who process 20,000 or fewer pieces annually, he said. "It's perfect even for those doing payroll once a week."
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- Profits Reid
- Sandy Horner
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