Do you know digital payments have exceeded traditional payments in the US? Many businesses and individuals nowadays prefer to go green with digital and electronic check payment methods. The online check printing software allows you to convert your traditional check printing process to a digital process.
What is Electronic Check Payment?
Zil Money offers eCheck payment methods for businesses and individuals. Electronic checks allow individuals and businesses to transfer funds by functioning as a secure and efficient digital alternative to conventional paper-based checks. They replicate the functions of traditional checks without the need for paper, ink, or physical transportation. Users can pay bills, rent, or make personal transactions via eChecks.
- No Paper Needed
Businesses can completely avoid the usage of paper by adopting eChecks. The platform allows you to create checks from a mobile phone or laptop and send them to the payee without any paperwork. Users no longer need to write checks, fill out bank forms or receipts, etc., to make a check transaction.
- No Waste of Time
Zil Money offers instant check creation from the comfort of your home or office. Businesses and individuals can completely avoid waiting in lines to process checks or cash checks. The software can instantly and simultaneously create electronic checks from checking accounts and digital wallets. Users can easily open an online checking account via the software for business or personal needs.
- No Extra Designer Needed
Businesses and individuals can easily create and customize checks online without a check or graphic designer. The platform offers an easy-to-use drag and drop tool to design checks and add brand logos, background images, memos, and font styles and colors. Pre-designed check templates for payroll, vendor and individual payments are available on the platform without extra charges. Users can easily select a check template, edit, add information and make the payment.
- Save Extra Money
Zil Money allows you to print checks from a standard printer on blank check paper or regular paper. The Check 21 Act helps you to create electronic images of checks and use them as a substitute for traditional checks. Businesses can save up to 80% of check printing costs by completely eliminating pre-printed checks. Pre-printed checks are costly when custom designs and extra security features are added.
- No Hidden Charges
The online check printing software offers online checking accounts for businesses and individuals. Users can instantly and easily open multiple checking accounts and conduct eCheck transactions. Zil Money does not charge maintenance charges or initial fees. Businesses can conduct check transactions without limits and minimum balance requirement issues.
- Pay Vendors and Employees Remotely
Users can pay remotely with Zil Money—no need to step out of their comfort zone. For example, businesses can pay vendors via checks on the go or pay from a cafe without delaying payments. The platform integrates with several payroll software, so users can import data and make payments via their preferred method, like checks or eChecks.
- Secure Payments
Zil Money offers top-notch security for payments without the issues of theft and scams. The platform offers encryption and multifactor authentication features to protect funds and transactions. With the platform’s positive pay service, check payments are more safe. Positive pay is a feature that helps financial institutions detect fraud by matching the issued check with the check presented for payment.
Flexible Payment Options
The platform allows you to make payments not only via eChecks but also through multiple other payment options. They are:
ACH: ACH, or Automated Clearing House, is an electronic network that processes transactions between financial institutions. The platform conducts same-day ACH payments electronically from one account to another. It is widely used for payroll, bill payments, etc. ACH payments are secure because payments are managed by NACHA.
Wire Transfer: Zil Money allows you to conduct international and domestic wire transfers at affordable fees. The sender provides the recipient’s bank details, and the bank processes the transfer. It can be used for high-value or urgent payments.
Virtual Cards: A virtual card is a digital version of a payment card created via the platform. It is used for secure, single-use online transactions. The software allows you to issue customized multiple virtual cards for employees and vendors.
Check Mail: The online check printing software allows you to create and mail checks online without manual intervention. Zil Money sends checks at affordable prices through secured mail partners like USPS and FedEx.
Credit cards: Businesses and individuals can pay via credit cards to employees and suppliers. Zil Money allows you to eliminate payee fees/merchant fees on credit card transactions. Employees can receive their pay without any extra or hidden fees. The platform allows you to make credit card transactions and earn reward points and discounts on transactions.
Conclusion
Zil Money’s advanced features simplify the way businesses and individuals handle transactions. Users can eliminate papers, delays, and extra costs; the platform ensures secure and eco-friendly payment solutions. The software offers check customization, ACH, wire transfers, and virtual cards and saves time and money. Businesses can embrace innovative payment methods to simplify their financial operations and unlock a new level of efficiency!
