iWallet 2.2.80

iWallet, Inc – Freeware – iOS
out of 295 votes

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"iWallet Business" is a touchless payment application that provides convenient options for depositing checks and collecting payments remotely. Its compatibility with both smartphones and tablets allows for seamless use. The app enables users to electronically deposit mobile checks directly into their existing bank accounts, eliminating the need for physical handling and associated banking fees. Additionally, the software supports multiple locations and users with sub-accounts, providing flexibility for businesses of various sizes.

With the optional check guarantee protection, users can process checks confidently and without the worry of potential risks. Transfers of funds to the linked bank account typically occur within two to three business days, ensuring efficient payment management. Moreover, the inclusion of a free fraud detection service enhances security by instantly verifying the authenticity of consumer checking accounts before completing transactions.

Furthermore, iWallet Business offers the capability to process credit card payments by passing a fee to customers. This feature allows businesses to effectively manage transactions through trusted financial institutions such as Fifth Third Bank or Wells Fargo.

It is important to note that the use of iWallet Business is restricted to individuals who are 18 years old or older. This requirement ensures compliance with legal regulations and provides a secure user base for the app.

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