Out of Date Payment Methods

Every day businesses are using these methods to disburse payments..

1. Mailing CHECKS

People/Businesses need to stop mailing checks. They often get lost in the mail and can take weeks to process.

2. Printable Checks

This option is better than mailing checks. A recipient can mobile deposit or bring it into a local branch. However, some bank tellers still don't believe a paper check is real and there's no way to guarantee every teller in the country will accept a paper check. Which has a sender can be a major headache.

3. ACH

As a sender, it can take up to 4 business days for this method to clear for a recipient. When everyone wants to be paid immediately this method is much too common for how long it takes.

4. Cash

The world is slowly moving away from cash and towards digital payment methods, but cash is still king in the United States. There are a few reasons for this cash is anonymous, it’s easy to use, and it’s accepted everywhere.