
Zipmark, a digital check payment platform, has announced that it has launched its secure mass payments product, Zipmark Deposit.
Zipmark Deposit is a payments service that enables businesses of any size to send an unlimited number of secure digital check payments at one time.
Payments made with Zipmark Deposit are free to recipients and funds are deposited overnight into designated checking accounts. Merchants can integrate with Zipmark’s easy-to-use real-time Deposit API, or can simply upload a flat file of transactions
“Zipmark Deposit simplifies the technology and pricing for high volume payables,” said Jay Bhattacharya, CEO and co-founder of Zipmark. “If your company makes a lot of payments, you know it’s a pain to mail checks or use your online banking. Recipients will be happier to get their money faster and businesses can eliminate an outdated and costly process.”
Whitepapers
Related reading
5 ways blockchain can change the cross-border payments landscape
Cross-border payments is a changing sector of the industry, driven by customers demanding little to no friction and encountering multiple steps, intermediaries ... read more
The SME technology revolution | video
The UK is home to 5.4m micro SMEs that have fewer than nine employees, according to the House of Commons library. They ... read more
JP Morgan blockchain network showcases banks’ DLT progress
JP Morgan’s expansion of its blockchain-based interbank payments project signals that major banks are stealing a march on disruptors and startups by ... read more
Security a priority for EU’s INATBA blockchain taskforce
The European Commission’s new blockchain initiative, the International Association for Trusted Blockchain Applications (INATBA), should focus on quashing extant security concerns around ... read more