Doma, Paymints.io Partner to Reduce Wire Fraud and Paper Checks
January 19, 2023
Doma Holdings Inc. added digital payment solution provider paymints.io to its AgentMarketplace vendor partnership program to reduce the risk of wire fraud and allow homebuyers to digitally deposit earnest money. Paymints.io will offer its services to Doma’s independent and affiliated title agent and attorney customers.
The paymints.io platform helps homebuyers deposit earnest money directly from their checking account. The secure, digital SaaS platform also gives escrow holders and settlement agents a safe, compliant way to digitally disburse funds to clients and vendors. Paymints.io’s white-label application enables users to create a digital payment system with their company’s branding and imaging. Using single sign-on authentication, users need only one set of credentials to access their applications, which not only streamlines the user experience, but also improves enterprise security and identity protection.
“Paymints.io’s focus on leveraging digital technology to create faster, more efficient closing experiences supports Doma’s mission to transform real estate transactions using patented machine-learning technology,” said Emilio Fernandez, president of Doma Title Insurance, Inc. “Doma is eager to introduce paymints.io to our title agent and attorney customers, who are seeking tools to save time and money and compete in today’s challenging market.”
Perla Aparicio, vice president of strategic partnerships at paymints.io, added, “As we further enter the digital transformation of the real estate transaction, we’re excited to partner with Doma, whose mission of building an instant and frictionless home closing experience aligns harmoniously with our efforts to automate the payment experience.”
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