http://paymentswatch.com Payments Processing & Strategies Wed, 19 Dec 2007 13:41:12 +0000 http://wordpress.org/?v=2.1 en http://paymentswatch.com/2007/11/20/image-pod-primer/ http://paymentswatch.com/2007/11/20/image-pod-primer/#comments Wed, 21 Nov 2007 03:02:58 +0000 John Januszczak http://paymentswatch.com/2007/11/20/image-pod-primer/ Proof of Deposit (”POD”) is the verification of the dollar amount on a check or draft being deposited. This verification is done by comparing the handwritten amount on the check/cheque to the amount written on the accompanying deposit slip. Proof of deposit is an important step in check processing, yet has alluded full automation (unlike the sorting of checks via MICR technology).
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