PYMNTS

APRIL 8, 2020

Paper-based tax payments create frictions because payers cannot receive stamp duty certificates until their checks clear, but digital payments allow for instant receipt. They want to be able to pay and go, and merchants dealing with people want money returned into their accounts instantly, too.”. Making Money Move.

API

PYMNTS

JANUARY 23, 2018

The executive went on to note that banks have developed an efficient way to get these check scanners to their corporate customers, but struggle to manage the influx of broken tools that get returned.

Remote Deposit Capture

PYMNTS

JULY 24, 2017

A year later, he returned — innovation in hand and rock-star engineer by his side. With success in hand, they returned to ask for more funds to scale further. The paper check clearing system is the biggest drag on faster payments in the U.S. They agreed. This time, the U.S. government took a pass.

Fed

Evolve Payment

JANUARY 21, 2025

You can scan and deposit checks electronically from your office using a secure check reader. Checks are converted into a digital format thats easy to transmit and receive, reducing processing time. RDC results in checks clearing in 2-3 days instead of the traditional 7-10 days typical for ACH.

ACH