EFT Payment

EFT Payment or electronic fund transfer is a digital payment method Zil Money offers its customers for quick and secure transfer of funds. EFTs are commonly used to pay bills or send money to another individual or organization. Customers can create and print checks with a click and schedule the checks to be automatically deposited into the recipient’s bank account.

Additionally, pay and receive money using checks, eChecks, and ACH. Also, use our check mailing service via USPS or FedEx.

Zil Money is a financial technology company, not a bank or an FDIC member. Zil Money offers banking services through partnership with FDIC member banks Silicon Valley Bank and Texas National Bank.


Key figures


New Customers a Week

Transactions Per Week

EFT Options

EFT Options

For electronic fund transfers, Zil Money provides you with a variety of options. All EFT methods offer fast and easy delivery. Instantly create and send eChecks to the payee by email and SMS. Your payee can accept checks and print them on blank stock papers or plain white paper for account deposits.

At the same time, ACH/ Direct Deposit transfers money directly to your payee’s account. ACH transactions take an extra day or two to transfer the amount due to bank verification for security.


Check Printing

Check Printing

Instantly create and print yourself on any printer. Drag & Drop Design


Pay By Credit Card

Now pay by credit card even if they don’t accept them.

Email Check

Cloud Bank

Open an online bank account with no hidden charges.

Check Mailing

Check Mailing

One-Click Check mailing for $1.25 by USPS/FedEx without leaving your desk.



Send ACH/RTP in one click. Get paid by ACH. Make it one time/recurring


Wire Transfer

Transfer money electronically from one financial institution to other.

Email Check

Email Check

No Printer/Paper? Email a One-time printable & trackable PDF Check.

Digital Check

Digital Checks

Convert paper checks to paperless Digital Checks & send to email/Text.

Check Mailing


Integrate with the top third-party applications.

Deposit Slips

Deposit Slips

Instantly create & print deposit slip of any Bank. Keep track & auto reconcile it

Get Paid Button

Payment Link

Get paid by Button/HTML form on your site or Link to text or email.

Bank Data

Bank Data

Connect & reconcile, Categorize from Any Fina-Institution automatically

Bill Pay/Vendor

Bill Pay / Vendor

Pay Bills Online, Schedule it, Manage suppliers Smart, and reduce risk.



Professional invoicing, email with payment link, track & manage.

User Approver

User / Approver

Role-Based user and approval process. Accountant/Client access.


API / White Label

Interactive developer friendly API. Complete white label solution.

EFT Advantages

Electronic Fund Transfers save you a lot of money compared to traditional checks. EFT is a quick, dependable, and economical way for organizations to cut costs. Pre-printed paper checks are expensive and time-consuming to transmit, but with our platform, you can do it quickly with eChecks, ACH transfers, or direct deposits. By transferring funds via a digital platform, EFT lowers the risk of mailing checks, such as postal loss and check interception.

EFT Advantages
All-in-One Mobile App


Move money seamlessly on iPhone, iPad, and Android Phones. Download from IOS App Store or Google PlayStore. Our mobile app is fully loaded with the features and functions of our web application, in a truly mobile experience so you can still run your business on the go.

Mobile Payments

Mobile Payments

Zil Money makes mobile payments easy. Mobile payments are secure and fast using our feature. Zil Money simplifies sending money, paying bills, and shopping online. Link your bank account or credit card to the app to send or receive payments instantaneously. Zil Money’s mobile payment solution makes managing your funds on the move safe and easy.




Rated check printing software in the QuickBooks app store

Banks & Financial Institutions are Connected

Payment By Electronic Checks

Electronic checks are easy and efficient using Zil Money. Our technology lets you provide electronic checks to vendors, suppliers, and other payees. Electronic checks are cheaper, quicker, and safer than paper checks. Our simple interface lets you create electronic checks that recipients may deposit into their bank accounts. Zil Money’s electronic check payment streamlines, saves time, and simplifies banking transactions.

Payment By Electronic Checks


Frequently Asked Questions(FAQ)

What is Electronic Fund Transfer Act?

The Electronic Fund Transfer Act (EFTA) is a federal law enacted in 1978 to protect consumers who use electronic means to transfer money. Under the EFTA, consumers are entitled to certain protections, such as the right to receive written confirmation of their transactions and dispute errors. Zil Money allows users to send EFTs securely and eliminates errors.

Are Electronic Funds Transfers safe?

Electronic Fund Transfers are a quick and convenient way to send and receive payments. They are also incredibly safe, as payment information is delivered through secure communication channels and encrypted using 128-bit SSL. This means that your payments are protected from interception and fraud. Use Zil Money to send EFTs safely.

How long does Electronic Fund Transfer take?

Depending on the banks involved, the EFT payment can take one to four days to complete. Some EFTs are sent and received on the same day, but this is not always the case. If you need to make a time-sensitive payment, consider using Zil Money.

Electronic Fund Transfer vs Wire Transfer

EFT payment is an electronic means of moving money from one account to another, either within the same financial institution or across different institutions. On the other hand, wire transfer is a bit more complicated. When you wire money, your bank initiates a transfer of funds through a network of banks and transfer agents. With Zil Money, you can send and receive wire transfers and EFTs quickly and conveniently.
Zil Money - Cloud Based Platform
Fintech Software
RATING: 4.6 ( 10164 ratings )
Price: $49.99/Year




Vendor Management: Easily handle bill payments, instant check printing and mailing, invoicing, positive pay, and access User/API features across various platforms.

I had to be very cautious in a disputing situation when the check hasn’t arrived and goes to the bank, digging through all my paperwork.

Frank Czar


Zil Money has made my life easy. Now I can print all the checks on Blank Check Paper and export from my QuickBooks as well. 

Bimal Daftari


I always have to give checks ahead in many situations. Now it’s so easy to keep up. Same way making deposit slips on demand also very easy.

Travis Copeland


I was confused of managing multiple companies as an accountant. I found Zil money then and now everything is just easy.

William Andrews


Total Money Moved

9,520,030,217 +

Total People Paid

1,020,421 +

Total Businesses Satisfied

201,304 +