Streamline Your Payments with Same Day ACH | Dwolla (2024)
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.
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