KeyCorp and Ingo Money push digital payments platform
Through Ingo Money’s platform, KeyBank clients will be able to turn paper cheques and ACH deposits into “instant, fully guaranteed funds”.
“Organisations are seeking ways to substitute paper-based payments with digital transactions. Consumers are increasingly demanding an instant experience,” says Matt Miller, head of product and innovation at KeyBank enterprise commercial payments.
He adds: “By replacing paper and manual systems, this digital payment solution can help businesses cut operating costs and eliminate the delay and risk of cheque deposit.”
Earlier this year, KeyBank and Snapsheet launched Snapsheet Transactions, a multi-channel payment platform for insurance carriers which will include the Ingo Push payment platform.