Bank Shot Offers White-label Version of Payment Solution
August 22, 2019
Bank Shot announced it now offers a white-label version of its application that handles earnest money and payment solutions for real estate transactions.
Bank Shot can now integrate its patent pending technology into a company’s existing platform. The app can be branded as an internal transaction solution. The process is encrypted, two-factor authenticated, and is housed on the Amazon Cloud, conforming to cyber secure protocols. Accepted electronic checks are run through Deluxe to confirm Check 21 standards. Transactions can be tracked, status reports accessed, and all check images are deleted from the app and never stored, essential components in today’s world, according to Bank Shot.
Glenn Drake and Bernardine Drake, 30-year real estate veterans, are the husband and wife co-founders and developers of the technology.
“Our app addresses a pain point for title companies, banks, brokerages, and property owners and managers,” said Glenn Drake. “Bank Shot is an easy to use tool to transmit checks from anywhere, and now with the white label option we can integrate our technology into most platforms, providing a competitive edge for our customers and corporate partners. We’re excited to be experiencing significant interest throughout North America, especially with our expanded white label capabilities.”
The cost of a Bank Shot transaction is less than one tenth of the cost of a wire transfer, the company said in a release.
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