ZapNote: Fidesic
Paper-based invoices and payments are inefficient, time-consuming for both the payer and payee, and are fraught with potential for error and delays due to the postal service and the required time to take payment to the bank for deposit and processing. XML, Web Services, and associated technologies promise to solve these problems and present to users a more efficient, integrated, and lower-cost solution for automating electronic payment. Fidesic provides a solution to the above problems through an electronic invoicing and payment solutions that integrates with existing financial applications. The solution supports the full payment cycle from invoicing to payment transmission and settlement.