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|
Typically cuts a check on your behalf and mails it out.
Sends an ACH for you to a known account.
|Sends real checks you create|
|Speed of Service||
4-5 days over mail
1-2 business days by ACH
|Nearly instant via email|
No remittance data or transmission data is stored with the transaction.
|Allows for remittance data to be added or pulled from an accounting software.|
Article is closed for comments.