How they describe themselves: eDeposit is reinventing the way businesses interact with their customers. eDeposit improves client profitability and customer experience through its real-time payment network. Our patented technology permits buyers and sellers to say, “Show me the money!” and actually see the funds on hold via our unique virtual account platform. eDeposit provides the assurance of good funds and real-time settlement for businesses managing one-time and recurring transactions.
How they describe their product/innovation: Thousands of businesses seek new payment applications to reduce risk, increase profitability and transform the user experience. eDeposit will demonstrate how its patented technology displaces legacy payment methods with simple web and mobile-integrated solutions. eDeposit sellers say, “Show me the money!” and see funds earmarked before they ship, manufacture, lease, or distribute goods and services. Buyers love the speed, flexibility and control of eDeposit. Our demo shows eDeposit’s unique buyer authorization model, with real-time settlement and reduced risk in B2B, B2C and P2P transactions.