SOURCE: BankServ


September 29, 2009 08:00 ET

Earth Class Mail and BankServ Enable Electronic Check Deposit Directly From Postal Mail

Revolutionary System for Managing Incoming Postal Mail Now Enhanced to Deposit Checks Electronically Into Any U.S. Checking Account

SEATTLE, WA--(Marketwire - September 29, 2009) - Earth Class Mail™, the world's leading provider of Web-based management of incoming postal mail, and worldwide electronic banking pioneer BankServ, announce the launch of a first-of-its-kind service that allows customers to deposit mailed checks into any U.S. checking account without having to touch the mail, endorse checks, or go to the bank. Customers can manage their deposits from anywhere in the world. The service is powered by BankServ's award-winning payment technology, DepositNow®.

Unlike a traditional electronic check deposit service where the customer has to acquire a check scanner and manually process checks, the Earth Class Mail Web interface shows the customer which mail pieces contain checks and enables them to perform a deposit with a few clicks of their mouse.

This service is ideal for people who want to eliminate the hassle of managing paper checks, reduce labor costs and get faster access to incoming funds. Customers can have up to five checking accounts that they deposit into, or have all checks automatically deposited into a single account. Funds are available as soon as one business day after a deposit is made.

"We think this service is a game-changer for our company and our customers," says Earth Class Mail CEO Sarah Carr. "We're combining the 24/7 worldwide accessibility of online postal mail with the security and convenience of a lockbox service."

"BankServ is excited to partner with Earth Class Mail because they are redefining how businesses and individuals automate and simplify even more of their daily tasks," says Dave Kvederis, BankServ's President and CEO. "Many businesses spend hours a day sorting through paper mail and preparing check payments for deposit at a bank, but now through this service they free up critical time and money to focus on growing their business."

"Earth Class Mail's check deposit service has already made a huge improvement to our business operations," says Dr. Edward Dolan, Director of Lakeview Dental in Kenmore, Washington. "We are now seeing insurance and patient checks in the mail being settled within 24 hours, with minimal effort from our office staff. Amazing!"

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About DepositNow®

DepositNow, the leading payment management solution for Small Business, is available through financial institutions across the United States and available directly at In addition to enabling safe, secure online deposits of paper check payments, DepositNow now enables online payments by payment card or electronic check directly from invoices. DepositNow remains the only product to automate the accounting related to online deposits for QuickBooks® and Peachtree® accounting system users.

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

About Earth Class Mail

Earth Class Mail is the leader in the online postal mail revolution, changing how mail is managed for the betterment of individuals, businesses and national posts. The Earth Class Mail platform enables customers to securely access and manage their postal mail online, 24x7, from anywhere in the world. More information about Earth Class Mail can be found at