Mobile Check Upload FAQ
Q: How does mobile check improve cash flow?
A: Enjoy quick access to funds in as little as two(on approved accounts) to three business days
Q: Is getting authorization easy?
A: Quickly debit consumer checking accounts after receiving a check
Q: What about banking fees?
A: Banking fees and paper check handling costs are virtually eliminated
Q: Can multiple techs deposit remotely from their individual phones/tablets?
A: Mobile check is supported from multiple locations and users
Q: Can it recover checks simply?
A: Automatic notification of non-sufficient funds items and automatic resubmission
Q: Do I need to create a new account for funding?
A: Funds are conveniently and electronically deposited into your existing bank account (no separate account required)
Q: Do I have payment protection?
A: Process checks risk free with optional Check Guarantee protection
Q: Does mobile check have fraud detection?
A: Free fraud detection service instantly verifies consumer checking accounts before completing the transaction
Q: Is it simple to use
A: Intuitive web-based or app-based user interface
Q: How does it work?
- Consumers write your business a check to electronically debit their checking account.
- Transaction information is uploaded to the processor through a variety of options including web-based virtual terminals, android or ios app.
- Once transmitted, payment will be electronically debited from the customer’s checking account.
- Once the transaction clears, funds will be electronically deposited into your business bank account within 2-3 business days (contact us for expedited funding).
API FAQ
Q: What is an API?
A: API is the acronym for Application Programming Interface, a set of programmed codes that sends information back and forth between two different software products.
Q: Why is an API needed?
A: APIs bring applications together to perform sharing data and executing pre-defined processes. It allows integrate check processing into a persisted system or build own system for check deposits from a smartphone
Q: How does an API work?
A: APIs is a middleman that sits between the web server and application to process data transfers.
Q: What problems do APIs solve?
A: Building an application rather than using an existing solution is more cost effective. APIs also make software development fast for developers.
Q: How do you implement an API?
A: Get an API key, review the API documentation, write a request to an endpoint and connect your app.
Q: What is an API gateway?
A: API gateway is an API management tool gateway acts as a reverse proxy to accept all application programming interface (API) calls, aggregate the various services required to fulfill them, and return the appropriate result.
Q: How do I test the API
A: To confirm that your integration works correctly, simulate transactions without moving any money you could use a staging server and special test values to emulate different scenarios.
Q: Do I have to agree to iWallet Terms of Use just to test an API?
A: You should agree to iWallet Terms of Use before go-live with App.
Q: Can I process credit cards through the iWallet API?
A: We have it in our roadmap for Fall 2022
Q: Can I submit or request for the API?
A: Fill in the form https://iwallet.com/api
Q: How do I contact API support?
A: Email hello@iWallet.com. May take up to 24 hours for a response.
