Hyphen Wallet: The Construction Professional’s Experience Using Standard ACH

At Hyphen Solutions, we focus on understanding our customers’ needs and delivering technology that helps them achieve efficiency and confidence, through every market condition. Our comprehensive suite of cloud-based solutions empowers construction professionals to streamline operations, improve communication, and stay financially agile from project planning through completion.

While pandemic-related supply chain issues have eased across much of the country, many of our customers have shared how Hyphen Solutions supported their teams during those challenging times. One of the most popular tools continues to be Hyphen Wallet, a secure digital payments platform for construction professionals that enhances financial visibility, strengthens business relationships, and simplifies real-time transactions.

There’s no better way to illustrate its impact than hearing directly from the experts who use it every day. We recently spoke with a long-time Hyphen customer, Nix Door & Hardware, to learn how Hyphen Wallet and Standard ACH payments have improved their payment process and overall business efficiency.

Improved Efficiency

Hyphen Wallet: The Supplier Experience Using Standard ACH

Before adopting Hyphen Wallet, organizations relied on disconnected manual workflows, gathering payments, invoices, and remittance details from multiple sources, tracking checks via mail, and constantly checking bank accounts, credit cards, or wire transfers to reconcile everything. This often-meant lost time, delayed funds, and increased exposure to error or fraud.

With a unified platform, construction businesses can quickly access payment history, remittance details, and account activity without digging through piles of paper or managing multiple login credentials.

Flexible and Timely ACH Payments 

The modern ACH network continues to power high volumes of business payments. In 2022 alone, ACH handled 30 billion transactions valued at $76.7 trillion, while same-day ACH usage grew by 44% year over year.

Hyphen Wallet supports both Standard ACH and Same-Day ACH, giving construction professionals choice and flexibility. Nix Door & Hardware, a Hyphen Wallet customer, prefers Standard ACH for its predictability but feels confident they can switch to faster methods, like real-time payments, virtual cards, or wires, whenever needed. The shift from paper checks to digital payments drives faster processing and reduces operational cost.

Reduced Risk of Errors and Fraud 

One of the biggest threats to businesses today is payment fraud, often carried out through impersonation or fake email schemes. In these scams, criminals pose as trusted contacts, such as a vendor or partner, and send realistic-looking emails asking companies to update payment or bank account information. The FBI reported more than 21,000 incidents of this type of fraud in 2022, resulting in over $2.7 billion in losses.

By using a secure, password-protected digital payment platform like Hyphen Wallet, construction businesses can eliminate the risks associated with manual email communication and paper checks. Every transaction is verified within the system, reducing opportunities for fraud, identity theft, or payment diversion.

Unlock the Full Benefits of Hyphen Wallet 

Hyphen Wallet offers real-time visibility into payments, instant reconciliation, and end-to-end transaction tracking through a secure, paperless portal. You gain control, transparency, and peace of mind, whether you’re managing a few construction projects or dozens.

Take the first step toward safer, faster financial operations. Schedule a Hyphen Wallet demo today.