Deluxe announced the integration of its Deluxe Payment Exchange eCheck solution with title production software (TPS) provider AccuTitle.
Leaders said this marks the first of many strategic integrations with top TPS providers, positioning Deluxe Payment Exchange to support approximately 75 percent of residential real estate closings across the country by early 2025.
“Partnering with Deluxe to integrate Deluxe Payment Exchange into our platform is a game-changer for our clients. The ability to streamline escrow payments digitally will save our customers time and reduce costs, ultimately allowing them to deliver a better experience to their clients,” Bill Bartzak, CEO of AccuTitle, said in a release
Sent within minutes of a transaction closing, eChecks offer payees multiple payment options, improving speed, security, and cost-effectiveness without requiring changes to existing systems. A popular application is using eChecks to pay real estate agent commissions within minutes of closing.
For longtime Deluxe customer Kristine Mediate, founder, president and CEO of FIT Agency, this integration has delivered measurable benefits.
“We began utilizing Deluxe eChecks seven years ago to enhance efficiency and, most importantly, security in our transaction funding,” she said. “Since integrating with TitleFusion, our funding process has become streamlined, faster, and more efficient.”
The integration allows AccuTitle’s TitleFusion and Accuair customers to send escrow payments directly through Deluxe Payment Exchange with the aim of enhancing efficiency and security.
“Integrating Deluxe Payment Exchange into major TPS providers is a significant step toward our goal of transforming payment processing in the real estate industry,” said John Rubinetti, president of B2B Payments at Deluxe. “TitleFusion and Accuair customers will now be able to experience the speed, security, and convenience of electronic checks, making residential closings faster and more efficient than ever before.”