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Retailers Print Checks on Demand, on Site

Product: ST9420 MICR Laser Printer for Retail Environments
Company: Source Technologies

Businesses that operate chains with multiple locations have a solution available now that lets each site print checks on demand, while remaining connected to the central network.

From Source Technologies in North Carolina comes a desktop version of the magnetic ink character recognition (MICR) laser printers that banks use to print checks on demand.

The process of remote printing is centrally managed; banks have been utilizing the efficiency, security and convenience of on-demand MICR printing and now other businesses can, too.

Source Technologies' ST9420 MICR laser printer for retail environments is a low cost solution to producing highly secure checks on site, and eliminates the need to wait for a central accounting department to cut checks.

For example, in such businesses as retailing, restaurants or securities, company headquarters can control the corporate "checkbook" while on-site managers have the ability to print checks on the spot to pay vendors or suppliers, or to meet unexpected needs.

If a restaurant manager in one city needs to pay a produce delivery person, he prints the check at his location and the head office can account for that check immediately because the back-office systems are networked.

The ST9420 system also has payroll functions; if an employee pay check is incorrect, a manager can print a corrected check immediately.

Satellite offices of securities firms can also print checks for their customers on site, eliminating administrative tasks.

The ST9420 prints 32 pages per minute. It features the same check fraud protection Source Technologies uses in its banking industry solutions including password protection, drawer and front panel locks, toner detection and security fonts.

The ST9420 printer is available in two formats: One is parallel and locally attached, the other is network capable.

Source Technologies
2910 Whitehall Park Drive
Charlotte, NC 28273
800-922-8501
www.sourcetech.com

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