Earnestly Rebrands as Payload Keybox
June 8, 2021
Electronic payments platform Earnestly has rebranded as Payload Keybox in a move to reflect the wider array of payment services it provides to the industry.
Payload launched its real estate specific platform, Earnestly, to digitize the earnest money deposit (EMD) payment workflow. Automating the collection and reconciliation of EMD’s provides advantages for brokerages, title companies and software platforms.
“We launched with earnest money in mind, but have quickly recognized a broader need across the real estate industry,” said Ryan Rybolt, CEO of Payload. “The industry struggles with fragmented inbound and outbound payment processes. While digitizing EMD payments was a quick win, our customers were utilizing our technology as a single source to distribute commission payments, process agent payments, and completely eliminate manual payment processes.”
While integrated EMDs will continue to be a core solution of the platform, rebranding as Payload Keybox is much more indicative of the role the company will serve for the real estate industry, Rybolt said.
Payload Keybox enables brokerages and title companies to automate thousands of transactions per month. The solution automates commission disbursements, agent fee invoicing and collection, co-broker payments, title payments, and rental or property management fees as well as EMD. Payload Keybox offers integration capabilities and security to its many integration partners.
“Security is our top priority,” said Ian Halpern, CTO of Payload. “We’ve invested significant resources into the security of the Payload platform, resulting in industry leading data security certifications and processing compliance. Payload Keybox best symbolizes our mission to provide a simple and secure payment exchange for real estate companies.”
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