The VeriFone CR1000i check reader/imager is designed for full compatibility with the VeriFone Omni 32XX and 37XX terminals, using dial-up transmission through its internal 56 Kbps modem.  It is a plug-and-play terminal, not requiring a configuration check, and must be connected to a line, separate from the phone line used by the POS (Point Of Sale) terminal, for uploading the check images to the archive.  This uploading is done  with a reduction of cost and time of submission by allowing batch processing of large image files.

The VeriFone CR1000i, by converting checks into electronic documents, reduces risk and cost, facilitating the acceptance of checks in the retail environment. The CR1000 is flatbed feed mechanism uses a simple stand to permit over/under mounting in conjunction with payment terminals and provides a check imaging footprint smaller than any other in the industry.

With its optional dual interface, the CR1000i can connect to an ECR (Electronic Cash Register) and to an Ethernet network, allowing extremely efficient back-end processing.  This allows cost-effective integration into virtually any environment, including as a plug-in replacement for an MICR-only reader in a legacy Point of Sale environment, reducing the cost and complexity of upgrading check conversion capabilities.

The VeriFone CR 1000i check and document reader offers merchants an easy and efficient way to take advantage of the benefits of check conversion and check imaging at the point of sale (POS). Paper checks are quickly and conveniently converted into secure electronic documents, greatly reducing the costs associated with handling, storing, processing, and collecting checks.

The CR1000i uses single-step reading and image compression, which operates as follows.
The user feeds the check into the CR1000i, where a 300 dpi (dot-per-inch) monochrome image of the check’s key elements – name and address, signature line, and bank information.  The Verifone CR1000i’s programming can allow reading the MICR line either once or, for improved accuracy, twice.  Within seconds, the CR1000i generates an authorization slip for signature by the customer.  Three distinct intelligent imaging algorithms are used to reduce the data size for the check image, targeting the check’s key quadrants, eliminating background images, and then applying standard compression techniques for rendering the data more easily stored and transmitted.

After the required information has been captured by the device, other check-processing tasks, including sorting, bank processing, and POD (Proof Of Deposit), are electronically handled, noticeably lowering bank deposit charges.

System updates can be remotely downloaded to the CR1000i, extending the devices usefulness well into the future.