Leverage the power of contactless disbursements
What is Currencie™?
Currencie is a Disbursement as a Service (DaaS) platform, allowing your organization to make payments, both individually and en mass, via an electronic payment platform. Recipients of funds can access money online through a variety of claim options, including bank transfers, PayPal, check, charity, gift card, or pre-paid card.
With Currencie you can:
- Provide contactless options and convenience to recipients
- Increase efficiency through contactless technology — quick and easy claims process, with no card required!
- Reduce check fraud risk
- Eliminate lost or stolen checks
- Reconcile bank accounts immediately
- Slash disbursement costs
- Integrate directly with accounting and financial systems
The hassle-free way to pay clients and beneficiaries accurately and on time
PAY ELECTRONICALLY
WITH EASE
- Simply upload your check file and fund your payments — Currencie does the rest!
VIRTUAL
PRE-PAID CARDS
- Auto-load funds to virtual pre-paid cards prior to disbursing payables
- Electronic funds automatically pulled or pushed from your bank account — whichever you choose
- When electronic payables are unavailable, physical checks are mailed on your behalf
- Vendors will love you for eliminating the hassle of writing checks
PROFITABLE REBATE PAYMENTS
- Earn cash back on all eligible accounts payable transactions
Paper checks versus electronic payments: the differences are clear
88%
organizations who have converted to electronic payments as a way to increase efficiency
Source: 2018 AFP Payments Cost Benchmarking Survey
74%
organizations that have experienced check fraud
Source: 2020 AFP Payments Fraud and Control Survey Report
$7.78
the average cost to issue a paper check — implementing electronic payments can save up to 93% in costs annually
Source: Aberdeen Group
Cost Comparison
500 checks per month
| Paper Checks $7.78 per check |
Electronic Payments Nominal fee |
|
| Daily | $130.00 | $8.16 |
| Monthly | $3,890.00 | $245.00 |
| Annual | $46,680.00 | $2,940.00 |
| Savings | 176.3% |