ACH transactions have made home buying an electronic experience.
Annoyed by having to collect and maintain physical checks during the homebuying process, Earnnest allows real estate agents and home buyers to send their earnest money electronically through the ACH Network—without the need for a paper check.
Earnnest investigated Stripe and Checkbook.io before finding the ideal solution in Dwolla.
“Dwolla came in with this beautiful solution, it would be ridiculous for me to try and create what Dwolla has done,” says Daniel Jeffords, CTO of Earnnest. “We would have had to go a much more complex route had we not gone with Dwolla.”
Because of its integration with the Dwolla Platform, Earnnest users can transfer earnest money and stay notified of the transaction status.