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Have you tried Digital Checks ? https://www.checkbook.io https://www.checkbook.io https://youtu.be/N4X79qkEmog https://youtu.be/N4X79qkEmog ? All the convenienc
by hrspandya 11y ago
Have you tried Digital Checks ? https://www.checkbook.io https://www.checkbook.io https://youtu.be/N4X79qkEmog https://youtu.be/N4X79qkEmog ? All the convenience of ACH plus work with non-ACH enabled bank accounts. Not all bank accounts are ACH enabled. Also ACH requires financial/bank info and verification from recipient and while Plaid solves it for some banks the recipient/sender may not be comfortable sharing it. Digital Checks have no such requirements. $1/Check regardless of transaction amount.
- NiekvdMaas 11y agoDigital Checks/e-Checks are very fraud sensitive. They usually clear just 5-7 days later and I have seen cases where the merchant lost tens of thousands of dollars.
- pjg 11y agoDigital Checks can clear overnight (just like Check21). Much faster than ACH. As for fraud the rules are no different than ACH.