As technology advances, some traditional methods of money movement can more time-consuming and less secure. Rather than taking the time to write and deliver a check, electronic money transfer offers many advantages to all parties involved in earnest money transactions. Benefits include:
- Speed and Convenience: Electronic money transfers are typically processed more quickly than traditional methods and can be initiated from nearly any place at any time. Tidal Money offers multiple options for money movement, including ACH and instant payment.
- Security: With our SOC2 certification, Tidal Money offers advanced security measures to protect your transactions. This includes dual control and a third-party payment processor to ensure your information is secure and your money is moved securely.
- Record Keeping & Reduction in Errors: Electronic money transfers reduce the likelihood of mistakes in terms of incorrect amounts, lost checks, or misdirected funds. Once the transaction is completed, digital records are created and stored in Tidal Money's platform, with easy access to PDF downloads at any time.
Tidal Money offers a convenient, efficient, and secure way to complete money movement transactions. In a fast-paced world, see what’s possible with electronic money transfer.