Innovating Real Estate Money Transfers in Washington
Paymints.io is thrilled to announce our latest partnership with Capital Title of Washington to bring secure, digital, ACH transfers to help innovate the real estate industry.
If 2020 taught us anything, it’s that the real estate industry is a few steps behind in the digital atmosphere and as everyone is turning to digital solutions, fraud is more apparent than ever. How can we create a safe space to send large transactions in a simple and fast fashion? Paymints.io is the answer.
How It Works:
Paymints.io is a fully electronic, secure, and compliant solution that eliminates the need for borrowers, buyers, sellers, and real estate agents to write paper checks. Capital Title of Washington has implemented Capital Title Pay, their white-labeled version of paymints.io, allowing their clients and real estate agents to send earnest money deposits, cash to close for refinances, and client and vendor disbursements. Our goal is to save you time, by avoiding lines at the bank; money, by lowering fees; and to help save the environment by eliminating the use of paper and reducing CO2 emissions.
Highlights of paymints.io & Capital Title Pay:
- Secure & Compliant Electronic Money Transfers
- Completely Digital Process
- Real-Time Tracking
- Connects Directly with 12,000+ Financial Institutions
- Verified Bank Balances
- Easy & Quick Disbursements
- Fights Wire Fraud
- No Transfer Fees*
The platform utilizes AES-256, which has a key length of 256 bits. This supports the largest bit size & is practically unbreakable by brute force based on current computing power, making it the strongest encryption standard. Another great safety tool we feature is Single Sign-On, which allows users to simply log in once and use all applications they have been granted access to. Logging in with one set of credentials improves enterprise security, identity protection, and streamlines the user experience.
Paymints.io connects directly with 12,000+ financial institutions via Plaid, so no personal identifiable information is shared with the use of our platform. ACH transfers, like these, shield the user from exposing personal bank information that can be used to hack into their bank account. Fighting wire fraud is a huge driving factor for the development of paymints.io and sharing this technology with partners in the industry is an honor and part of our duty as real estate professionals.
The Importance of Innovation and Partnerships:
It’s time the real estate industry catches up with today’s digital standards. As millennials become the largest market of home buyers, they expect the process to be done quickly, easily, and digitally and want access to all information at their fingertips. Gone are the days of waiting in bank lines and balancing checkbooks. Let’s utilize technology to our best advantage and help innovate the industry together.
Learn more about this secure payment platform and see why it is the optimal choice for real estate professionals.
Capital Title of Washington is part of the largest independent title company in the United States and is continuing to grow and prosper. They benefit from the financial strength and shared resources of their parent company, Shaddock National Holdings, while never losing sight that real estate is local. They tailor processes and services to meet the specific needs of the communities they serve. At Capital Title you are more than a customer, you are a friend of the family!