Streamline Your Payments with Same Day ACH
Streamlining Your Payment Operations
Collecting and disbursing payments is a critical piece of a business’s payment operations. From mid-sized businesses to large corporations, every business can benefit from streamlined payment processing technology.
Same Day ACH transfers are a highly adopted transfer speed among businesses using ACH for payments. Whether your business is looking to expedite payroll, provide faster crediting to prevent late bill payments or improve the speed of payments between businesses, implementing Same Day ACH functionality makes funds available faster.
FinTech Platform Uses Same Day ACH to Transfer Tips for Stylists and Shop Owners
- This tipping platform’s card transactions were cutting into profits for stylists and shop owners.
- They partnered with Dwolla to lower transaction costs with reliable processing times using Same Day ACH.
- The tipping platform saw an 86% increase in transaction volume after implementing Same Day ACH.
Transportation Company Automates its Payment Operations, Allowing Cargo to Move Faster
- Before Dwolla, this transportation company’s payment processes were completed manually. They didn’t need to work harder, they just needed a smart API solution to help them improve their processes.
- By implementing automated ACH, they decreased their manual workload by 98%.
- Reducing their manual workload resulted in a better customer experience overall and the return on investment was almost immediate.
Real Estate Platform Uses ACH for Inexpensive, Quick and Reliable Payments
- Real estate companies and escrow holders use this platform to collect earnest money deposits and commissions electronically, eliminating the need to manually deliver paper checks or conduct real estate transactions in person.
- When this real estate platform first implemented Dwolla’s payment API, the company used standard ACH transaction timing to facilitate real estate payments.
- When clients started requesting faster payment options, the platform added Same Day ACH payments to their suite of features.
After adding Same Day ACH transactions, they experienced 212% growth in new client contracts, 376% growth in payment transactions and 483% growth in the dollar amount of funds transferred through the platform.
- The technology team can easily toggle between Standard ACH and Same Day ACH transfers, depending on the end user, risk factors or use case.
Leading Open Banking in North America
Dwolla Connect is a unified API solution across financial institutions and account-to-account payment methods and is designed specifically for mid- to enterprise-sized businesses with established payment operations. It empowers them to undergo a seamless digital transformation from outdated payment systems, manual processes, and file-based operations to fully streamlined, automated processes.