EFT Payment
EFT Payment is a digital payment from a bank account. EFTs are typically used to pay bills or to send money to another person or organization. OnlineCheckWriter.com offers its customers easy and quick Electronic Fund Transfers. With OnlineCheckWriter.com, customers can create and print checks with the click of a button and schedule the checks to be automatically deposited into the recipient’s bank account.
Additionally, pay and receive money using checks, eChecks, and ACH. Also, use our $1.25 check mailing service via USPS/FedEx.
Online Check Writer
Key figures
1M
Users
4,000+
New Customers a Week
50,000+
Transactions per Week
EFT Payments with OnlineCheckWriter.com
OnlineCheckWriter.com offers you different methods for Electronic Fund Transfer. EFT payment method provides fast and easy delivery. Create and send eChecks instantly to the payee via email and SMS. Your payee can receive checks and print them on plain white paper or blank stock papers to deposit into their account. At the same time, ACH/ Direct Deposit transfers money directly to your payee’s account. ACH transactions take an extra day or two to transfer the amount due to bank verification for security.
FEATURE AP/AR
Check Printing
Create and print business checks at your office desk with a drag and drop design.
ACH / RTP
Pay or get paid one-time or recurring ACH/RTP with low transaction fees.
Email Check
Send your checks as a one-time printable pdf with a tracking facility.
Digital Checks
Digitize your paper checks and make your payments via emails or text.
Pay By Credit Card
Now pay by credit card even if they don't accept them.
Check Mailing
Check mailing without leaving your desk for $1.25. We print and mail it by USPS/FedEx.
Deposit Slips
Instantly create & print the deposit slip of any Bank. Keep track & auto reconcile it.
Payment Link
Create a HTML form or link to receive payments.
Bank Data
Connect & reconcile, Categorize from Any Financial Institution automatically.
Cloud Bank
Open an online bank account with no hidden charges.
Bill Pay / Vendor
Pay Bills Online, Schedule them, Manage suppliers, and reduce risk.
Invoicing
Create invoice to your customer and send link through email.
User / Approver
Give access to accountant or clients with a role based user and approval process.
API / White Label
Interactive developer-friendly API. Complete white label solution.
Integration
Integrate with the top third-party applications.
Advantages of EFT
FREQUENTLY ASKED QUESTIONS
How long does Electronic Fund Transfer take?
Depending on the banks involved, the EFT can take one to four days to complete. Some EFTs are sent and received on the same day, but this is not always the case. If you need to make a time-sensitive payment, consider using OnlineCheckWriter.com.
What is Electronic Fund Transfer Act?
The Electronic Fund Transfer Act (EFTA) is a federal law that was enacted in 1978 to protect consumers who use electronic means to transfer money. Under the EFTA, consumers are entitled to certain protections, such as the right to receive written confirmation of their transactions and dispute errors. OnlineCheckWriter.com allows users to send EFTs securely and eliminates errors.
How does Electronic Fund Transfer work?
The sender will also need the recipient's bank account and routing number. Once this information is entered into the online system, the funds will be transferred from the sender's account to the recipients. Sending EFTs using OnlineCheckWriter.com is a safe and secure way to move money.
Are Electronic Funds Transfers safe?
Electronic Fund Transfers are a quick and convenient way to send and receive payments. They are also incredibly safe, as payment information is delivered through secure communication channels and encrypted using 128-bit SSL. This means that your payments are protected from interception and fraud. Use OnlineCheckWriter.com to send EFTs safely.
Electronic Fund Transfer vs Wire Transfer
Electronic Fund Transfer is an electronic means of moving money from one account to another, either within the same financial institution or across different institutions. On the other hand, wire transfer is a bit more complicated. When you wire money, your bank initiates a transfer of funds through a network of banks and transfer agents. With OnlineCheckWriter.com, you can send and receive wire transfers and EFTs quickly and conveniently.
REVIEWS FROM ESTEEMED CUSTOMERS
Here are some precious reviews from our customers. We are pledged to make your life simple with all our features.