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eDeposit Announces Upgrade, New Features in Mobile App

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The payment network’s mobile app now allows merchants to see accounts receivable payments in real-time. Suppliers and retailers can take advantage of the ability to schedule payments and view payment history remotely.

eDeposit provides merchants and their customers with a prepaid account system. The company’s payment authorization and settlement network processes invoices and remittances in real-time, providing cost and time saving for businesses.

The app is available for both Android and iOS platforms.

eDeposit was founded in 1999. Headquartered in Wilmington, Delaware, the company is led by CEP Robert Craig and demoed at FinovateSpring 2012. See their presentation here.