The Deluxe Payment Exchange eCheck is not your bank's simple bill pay system. We'll outline some of the major differences here for you below.
Bill Pay | DPX eChecks | |
Making Payments |
Typically cuts a check on your behalf and mails it out. OR Sends an ACH for you to a known account. |
Sends real checks you create |
Speed of Service |
4-5 days over mail OR 1-2 business days by ACH |
Nearly instant via email |
Record Keeping |
No remittance data or transmission data is stored with the transaction. |
Allows for remittance data to be added or pulled from an accounting software. |
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