Listen to this articleBelow is our recent interview with Jason Doshi, CEO and Co-Founder at paymints.io:
Q: Could you provide our readers with a brief introduction to your company?
A: paymints.io is a fully electronic, secure, and compliant solution that eliminates the need for buyers, sellers, title agencies, real estate agents and other interested parties in a real estate transaction to write paper checks. Our proprietary time and money saving technology encrypts routing and account numbers to safeguard against wire fraud. The solution can be used to send in earnest money deposits and cash to close on refinances as well as disbursements for seller proceeds and other vendor disbursements.
Q: Any highlights on your recent announcement?
A: Proliant is a rapidly growing and forward-thinking brand that builds and empowers new title agents in the franchise. They have a reputation for providing innovative, top-flight technology to their franchisees, so we’re honored to be joining with them. Also, it’s another win in the battle against the risks associated with wire transfers and old-fashioned ways of using paper checks in our industry!
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Q: Can you give us more insights into your offering?
A: We’re on a mission to eliminate paper checks and battle wire fraud in our industry, the latter of which is only encouraged by the archaic practice of check-writing as the norm. We’ve grown tremendously in the past two years, and it appears that all elements of our industry are welcoming the idea of digitizing the real estate payments infrastructure.
Q: What can we expect from your company in the next 6 months? What are your plans?
A: Growth! We continue to do our best to get the word out that paper checks are the past, not to mention an easy gateway to becoming a victim of fraud. We’re starting to hear from a lot of people in the industry as well. So we expect to announce a couple of very exciting developments and partnerships in short order.
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Q: What is the best thing about your company that people might not know about?
A: Even though we have a lot of industry (title and mortgage origination) experience, you won’t find a single person on our team who isn’t willing to challenge any and all of our industry’s conventions. We’re always, always, looking for ways to improve our product…and the way the industry does business.
