Partnering with Payload through the Alberta Real Estate Association (AREA), The Real Estate District is able to accept deposit transfers through their system. The benefits to this program are:
- Automated Payment Processing: Eliminate the need for manual cheques and wire transfers with Payload's seamless payment automation allowing for transfers up to $50,000 without the need to increase limits at your financial institution. If the funds are in the account, the transfer will take place.
(** if the deposit is more than $50,000 permissions can be requested) - Enhanced Security: Advanced encryption and secure transaction protocols to protect sensitive financial data and transactions from fraud and data theft.
- Streamlined Transactions: Simplified process for Deposit Funds ensuring the funds are correctly allocated to the appropriate transaction.
- Cost Savings: Payload offers the service for a transfer fee less than the cost of a bank draft or wire transfer saving you time and money.
- Refund Efficiencies: Should your transaction not complete and a refund is in order, your deposit will be refunded using the same process and deposited directly into the account it came from with no additional fee.
As the Real Estate Industry's go to solution for efficient and secure payment processing, Payload automates all payments for real estate transactions. By integrating Payload's advanced payment platform, The Real Estate District aims to enhance operational efficiency and financial management to better serve the public.