Deluxe Corporation
ALTA ID: 1217202
Deluxe Corporation
3680 Victoria St N
Shoreview, MN 55126-2906
Contact: Scott Dizon
Email: [email protected]
Web: https://www.deluxe.com/payments/digital/industries/real-estate/
Company Description
Are you looking to save time and cut costs on your paper check process during Escrow settlement?
The Deluxe Payment Exchange (DPX) eCheck solution is integrated into SoftPro Select, RamQuest, Resware and AccuTitle’s title production systems that allows you to send secure eChecks instantly when disbursing escrow payments. This eliminates the need for printing, mailing, and overnighting paper checks while reducing escheatment too. Escrow payments can be sent to DPX as either an eCheck and/or utilize Deluxe’s Print + Mail service. eChecks require your payee’s email address. The Print + Mail service is where Deluxe prints the check on high-security stock, places it in an envelope, and mails it via USPS First Class for you.
This integration is a proven cost-saver, is highly innovative and easy to use, and creates efficiencies in your settlement process.
Key benefits of this Deluxe eCheck integration:
• Cost and Efficiency Savings: You won't have to purchase check stock, printer maintenance and ink, buying and stuffing envelopes, or pay for postage. There are no more costs associated with overnighting a paper check.
• Flexibility: eChecks can be used for any escrow payments, including real estate agents receiving their commissions within minutes of a closing.
• No Back-Office Changes: Your current accounts payable and Positive Pay processes remain the same since an eCheck is reconciled as a paper check.
• Reduce Escheatment: Deluxe automatically sends multiple email notifications to your Payees reminding them that they have received an eCheck payment. Also, use eChecks to reissue USPS mailed paper checks that are approaching escheatment. No more stop payment fees.
• Bank Grade Security: eCheck solution meets bank-grade security and compliance standards. Many leading Financial Institutions resell the eCheck solution to their small to medium business clients to help them reduce costs, increase payment efficiencies, and reduce fraud risk by eliminating human touch points associated with printing and mailing paper checks.
• Over $122 Billion has been transacted and over 7 Million Recipients have been paid using the Deluxe Payment Exchange solution.
• Proven Reliability: Deluxe is a publicly traded, multi-billion-dollar company and a trusted leader with over 100 years of payment experience. Deluxe serves millions of small and medium businesses and thousands of financial institutions, processing over $2.8 trillion in annual payments.