When you need to get more money to your customers quickly for claim payouts, over payments, or loan originations, making them wait weeks for a check in the mail just won’t do.
Today, customers expect to receive funds in the same fast convenient way they make online payments. With digital disbursements from PayNearMe, businesses can quickly send funds to customer bank accounts via their debit cards in under 30 minutes, or overnight via ACH. Doing so removes the effort, risk, and operational cost required to deploy physical checks.
Customers can verify a disbursement by clicking a text message or e-mail link and can enter their own bank account, or debit card numbers. Helping you minimize input errors can reduce your compliance scope. Disbursement approval workflows can be customized per user to fit your specific business or industry needs.
Learn how PayNearMe gives you the power to disperse funds quickly to debit an ACH. Request a demo today.
Learn more about Digital Disbursements.