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OPEX Releases New Retail Payment Automation Workstation
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MOORESTOWN, N.J., Oct. 29 /PRNewswire/ -- OPEX Corporation has combinedtwo of its most successful products ever - the Model 51 Rapid Extraction Deskand Image Export Module (IEM) - in the newly released AS180 retail paymentautomation workstation.
Thousands of organizations worldwide use the Model 51 to increase thespeed and efficiency of their mail opening. Additionally, IEM is theindustry-standard image delivery platform for the largest processors of creditcard, utility, telecom, and other retail payments. By fusing these twotechnologies together, the AS180 is designed to bring this industry-leadingpayment automation solution to lower-volume operations and exceptionprocessing.
"In the past, some companies wanted the benefits of IEM but didn't havethe volume to justify our highest volume equipment like the OPEX Eagle. Othercustomers wanted to process their exceptions on the same IEM platform theyused for their clean mail," explained Mark Stevens, CEO of OPEX Corporation."The AS180 makes IEM affordable for almost any processor and handlesexceptions as if they were standard," he added.
The AS180 is able to handle a wide range of payments, including bothsingle and multiple check and coupon transactions. Mail is loaded onto theextraction desk, automatically opened, and ergonomically presented to anoperator for easy extraction. The transaction is then removed from theenvelope and dropped in its entirety into the unique drop slot feeder. TheAS180 will then separate the pieces, read the MICR, image the items, andinterface with remittance processing software in real-time for advancedrecognition, electronic payment decisioning, and sorting.
With speeds of up to 3,000 transactions per hour, the advancedfunctionality on the AS180 does not compromise productivity.
Fully ARC and Check 21 compliant, the AS180 supports full or partial checktruncation in a single pass. Processors implementing full truncation caneliminate subsequent encoding and sorting passes entirely for truly dramaticlabor and equipment cost reductions.
Leveraging current OPEX technology, the AS180 enters the market bolsteredby its pedigree. Jeff Bowen, President of OPEX's Incoming and ScanningDivision, explained, "While this is a new product, it is formed from productswith proven track records and industry-wide acceptance. Customers withexisting Model 51's can have them upgraded in the field to AS180's. Thisallows them to use the IEM platform - which has been installed in hundreds ofoperations with all of the leading remittance processing software packages -from a Model 51."
About OPEX Corporation
OPEX Corporation is a recognized global technology leader in high-speedmailroom automation and document imaging. Since 1973, OPEX systems haveprovided performance enhancing workflow solutions and cost-effective resultsto thousands of organizations around the world. www.opex.com .
Contact: Laura Harper of OPEX 856-727-1100 x 5012SOURCE OPEX Corporation
"In the past, some companies wanted the benefits of IEM but didn't havethe volume to justify our highest volume equipment like the OPEX Eagle. Othercustomers wanted to process their exceptions on the same IEM platform theyused for their clean mail," explained Mark Stevens, CEO of OPEX Corporation."The AS180 makes IEM affordable for almost any processor and handlesexceptions as if they were standard," he added.
The AS180 is able to handle a wide range of payments, including bothsingle and multiple check and coupon transactions. Mail is loaded onto theextraction desk, automatically opened, and ergonomically presented to anoperator for easy extraction. The transaction is then removed from theenvelope and dropped in its entirety into the unique drop slot feeder. TheAS180 will then separate the pieces, read the MICR, image the items, andinterface with remittance processing software in real-time for advancedrecognition, electronic payment decisioning, and sorting.
With speeds of up to 3,000 transactions per hour, the advancedfunctionality on the AS180 does not compromise productivity.
Fully ARC and Check 21 compliant, the AS180 supports full or partial checktruncation in a single pass. Processors implementing full truncation caneliminate subsequent encoding and sorting passes entirely for truly dramaticlabor and equipment cost reductions.
Leveraging current OPEX technology, the AS180 enters the market bolsteredby its pedigree. Jeff Bowen, President of OPEX's Incoming and ScanningDivision, explained, "While this is a new product, it is formed from productswith proven track records and industry-wide acceptance. Customers withexisting Model 51's can have them upgraded in the field to AS180's. Thisallows them to use the IEM platform - which has been installed in hundreds ofoperations with all of the leading remittance processing software packages -from a Model 51."
About OPEX Corporation
OPEX Corporation is a recognized global technology leader in high-speedmailroom automation and document imaging. Since 1973, OPEX systems haveprovided performance enhancing workflow solutions and cost-effective resultsto thousands of organizations around the world. www.opex.com .
Contact: Laura Harper of OPEX 856-727-1100 x 5012SOURCE OPEX Corporation
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