Convoy introduces faster quick pay service with low fee

Digital freight network Convoy announced Thursday it has reduced its quick pay services time frame down to eight hours.

Previously, Convoy’s carrier network could have access to funds within 48 hours with no fee since 2016.

Now those that utilize its quick pay service can get payments transferred directly to their bank accounts the same day within eight hours, depending on their banking providers, with a 1.5% transaction fee. 

Fees from factoring companies and other quick pay service providers...

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