The title and escrow startup believes its new mobile site will make paying the money more secure and less susceptible to fraud. In an email, Modus co-founder and chief operating officer Jai Sim told Inman that users can connect Digital Earnest Money Deposit to their bank accounts, though it is not compatible with a credit card.
Source: Inman News
Modus wants to make earnest deposits as easy as Venmo-ing
Published in Alex Day, Banking & Lending, earnest money, email phishing scams, escrow, fraud, Industry News, modus, News Brief, Technology, Venmo and wire transfer
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