TNLedger Knoxville Edition tnledger.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tnledger.com Daily Mail and Mail on Sunday newspapers.
DepositLink, the industry leader in electronic payments for residential real estate transactions, is revolutionizing the process for collecting earnest money deposits and commissions by introducing a “Same Day ACH” product that guarantees good funds in less than 24 hours.
DepositLink already allows consumers, real estate companies, and escrow holders, to securely send and receive payments for home sales and rentals on a mobile-responsive platform. With Same Day ACH, if a payment is made on any business day before 5pm EST, the funds will clear into the destination account between 12pm and 5pm EST the next business day – less than 24 hours.
“Same Day ACH is a complete game-changer for the residential real estate industry,” said Jay Rooney, CEO and Founder of DepositLink. “The market has been yearning for a secure and efficient alternative to paper checks and bank wires. Our astonishing growth and traction are proof of this. We are very excited to be the only company to of