BankServ, a US-based provider of electronic payments, has launched DepositNow Mobile, a wireless payment processing service that includes hardware, software, wireless service, transaction processing and support.

BankServ said that DepositNow Mobile enables businesses in a variety of markets – including ground transportation, residential services, food services and mobile merchants – to efficiently accept and process paper check or credit card payments anywhere.

David Keenan, vice president of sales and marketing at BankServ, said: DepositNow provides payment tools that help small business owners improve convenience and service while speeding cash flow. With DepositNow, business owners can deposit cheque payments from their desktop computer, electronically invoice clients, accept online bill payments made by credit card and e-check, and now they can even collect payments at the customer’s home or business with DepositNow Mobile.

Businesses that use Quickbooks or Peachtree will find DepositNow Mobile an invaluable way to integrate wireless payments into their receivables processing.

Founded in 1996 by a banking industry veteran, privately-held BankServ has emerged as a leading developer of cutting-edge electronic payments technology. It is engaged in providing banks and businesses with money transfer and payments technology in the global market.