Payables Suite
eChecks powered by Deluxe Payment Exchange
Use eChecks within the Deluxe Payment Exchange platform to help you deliver payments instantly, only using recipient’s email address.
OVERVIEW
Watch a short video to learn how the Deluxe Payment Exchange, a true digital payment solution, can help you save time and money when it comes to sending and receiving payments.
All the benefits of a paper check, all in one fast, easy, low-cost digital solution.
Make payments anytime, from anywhere. Recipients can receive payments however they choose. Deluxe Payment Exchange gives both sender and receiver more payment flexibility than ever before while eliminating the need for the sharing of sensitive data.
FEATURES & BENEFITS
Pay by check — over email. All the benefits of paper checks, only faster.
Hold on to cash until the day a payment is due, without building in time for the mail to be delivered.
No more buying check stock, printer ink, envelopes or postage. No more time spent stuffing envelopes. No more trips to the post office or rush courier fees.
Get our patented security features, combined with a delivery method that minimizes contact points.
KEY BENEFITS
Imagine a streamlined payment process that delivers check payments to your recipients as quickly as you can send an email — a digital solution with no steep learning curve.
The Deluxe Payment Exchange portal was built with the busy small business owner in mind. The system allows you to write a single check, set up a check run, import a check batch and much more, with just a few clicks of a mouse.
No double entries. No additional investment. No changes to your current AP process. Simply select the free Deluxe Payment Exchange add-on for QuickBooks to get started.
While paper checks are among the most widely accepted payment methods currently available, the process of loading check stock into a printer, printing, signing, stuffing, stamping and mailing them is costly and inefficient.
HOW IT WORKS
Create an account and link bank account to the platform.
Enter payment details, remittance data and attachments directly into the platform, then upload a file, or, if using an eCheck, use the QuickBooks® connection. Select eCheck or Print+Mail for Deluxe Payment Exchange to send out a printed check.
If using an eCheck, the recipient is notified of payment via email, views remittance data and chooses their deposit method, either electronically or printed. If using Print+Mail, the recipient receives their check payment with remittance data in the mail.
| eChecks | 50 | 100 | 250 | 500 | 1000 |
|---|---|---|---|---|---|
| Price | $34 | $62 | $145 | $280 | $550 |
| Each | 68¢ | 62¢ | 58¢ | 56¢ | 55¢ |
It’s one thing to say we can save you money. But we can show you numbers. Enter your data into the Deluxe Payment Exchange Savings Calculator, and we’ll give you an estimate of your yearly savings potential.*
Enter both values below to see how much money you can save with Deluxe Payment Exchange.
* Amounts shown are for estimation purposes only and are not guaranteed.
MORE SOLUTIONS
Learn How Easily Deluxe Payment Exchange Can
Integrate Into Your Current AP Process
TESTIMONIALS
RESOURCES
FAQ
eChecks are simply regular checks that you can send and receive in just seconds using email. There’s no additional software or technology required and anyone with an email address can receive an eCheck.
Read our Guide to eCheck Payments for more helpful information about using electronic checks.
Setting up an account only takes a few minutes, however, before you can start sending eChecks, you’ll need to verify that you’re authorized to access the checking account being added. This verification process can take minutes or up to 48 hours, depending on the complexity of the required verification.
Depends on how fast you can hit ‘send.’ Because eChecks are sent digitally, your payment can reach them within seconds of being sent!
Recipients receive a notification email that contains a secure link to their check. All they need to do is click the green box to retrieve it.
A short introduction video is available for first-time recipients that answers common questions about eChecks. Otherwise, they’re free to preview the check through a secure online portal. Your bank account and routing numbers are hidden until the eCheck is printed.
Print from any home or office printer, on plain white paper, at any time within 90 days of receipt. No need for recipients to ever enter their banking information, and there are no fees or obligations to receive their payments.
After cutting along the dotted line and endorsing the back, the recipient can deposit the eCheck with their bank or credit union via ATM or using Remote Deposit Capture on a smartphone. When available, if the recipient needs access to an eCheck payment even faster, they can opt in for those funds to be deposited to their bank account in minutes by using Deposit Services that include direct deposit, deposit to a debit card, or deposit to PayPal.
Yes. eChecks are exactly like any other check accepted by your bank. If your bank does have questions, they can simply follow the directions on the check to verify its authenticity.
You may order eChecks from within the Deluxe Payment Exchange platform, or from deluxe.com/shop with increments as low as 50 and high as 1,000.
eChecks are perfect for all types of businesses including healthcare, restaurants, insurance, property management, real estate, and businesses in many other industries.
Yes, the eChecks Mobile Checkbook app from Deluxe allows businesses to send and receive digital payments in seconds.
Absolutely! You can easily connect Deluxe Payment Exchange with QuickBooks using our seamless integration.
No. eChecks feature a traceable pedigree along with other security features to help minimize the chance of fraud, including unprecedented platform security and organizational/financial controls. Plus, an eCheck verification service is available for any financial institution.
There can be some variance depending on bank processing schedules and a payer’s financial standing, but typically it takes 24-48 hours for an eCheck to clear.
Yes! eChecks were created with security in mind. Our patented technology includes a proprietary stamp that allows banks to verify the authenticity of each check, as well as an intricate system of checks and balances to control our records.
Check out our white paper "3 Key Steps to Ensure Digital Payment Security: What to look for in your next payment platform" to learn more about how digital payments are more secure."
