Launching zChecks – Now You Can Receive Online Payments
Muthukumar Marappan2 years ago
Zilra has never had an online payment mode so far. This is because the online payment modes in the US viz. ACH payments, Credit cards and Debit cards have major disadvantages. Credit and Debit cards come with huge transaction costs which defeat the purpose of Zilra. ACH payments, on the hand, take up to 7 business days to be processed. We felt that it is too long compared to paper checks that take only 3 business days. Therefore, we have built a unique payment mode called ‘zCheck’ from scratch that processes online payments in 3 business at a 0% fee.
To pay online using zCheck, all your client has to do is give us his bank account information, download a check draft authorization, complete the form and send us the same via email, fax or upload it online. You can see a quick demo of how this works in the video below.
Please note that zCheck is not available for all the users. You might have to complete additional due diligence to be able to receive online payments via zChecks. Please contact us at firstname.lastname@example.org for more information.