| VeriFone Inc., the worldwide leader in electronic payment solutions, has announced the installation of credit and check conversion solutions at more than 7,000 company-owned and franchise-operated H&R Block offices nationwide. The integrated solution coupled with processing services from NPC and eFunds, allowed H&R Block to not only improve customer service, but instantly became the single largest rollout of check conversion technology ever. H&R Block, which last year served 19.2 million taxpayers — more than any tax or accounting firm — through its more than 10,400 offices located in the United States, Canada, Australia, and the United Kingdom, provides a suite of tax, mortgage and investment services and has the 4th largest retail network in the world.
“Our selection of a payment solutions provider was dependent upon their ability to offer credit and check conversion terminals with a proven track record for quality and reliability,” said Frank Cotroneo, senior vice president and chief financial officer for H&R Block. “By implementing check verification and conversion services that convert paper checks to electronic ACH transactions, H&R Block gains faster access to funds and achieves efficiencies in the field offices with the consolidation of cash and check management functions.”. |
