Distributor FAQs
How does the Enrollment Process Work? All you need to do is complete our one page enrollment form and provide us with a detailed list of your delivery locations. Fintech manages the entire enrollment/set-up process for you.

This includes:
  • Communication with all retailers
  • Establishing and verifying banking relationships with each retailer
  • Building a customized website with account settings to establish user rights and access privileges
  • Coordinating a live date with all retailers and delivery locations to ensure smooth transition for roll-out.
How long does the enrollment process take? The entire set-up process takes an average of 10-14 business days.
How does the Fintech process work? When the driver delivers product, the retailer checks in the delivery, ensuring the printed invoice accurately reflects the delivered product. The Distributor sends the invoice information electronically to Fintech. Fintech sends payment instructions through the banking system according to the invoice due date so as to ensure the payment will be in your account by the invoice due date. This ensures you receive your funds on time and that the regulations of payments for alcohol are adhered to on time, every time.
Does Fintech ever take title to the funds being transferred? No, Fintech does not take title to the funds. Fintech facilitates the simultaneous debit from the retailer's account and credit into the distributor's account.
What states have approved the Fintech system? The Fintech system has gained approval from all 50 state regulatory agencies and the District of Columbia as a cash equivalent for the purchase of beer, wine, and spirits.
What does Fintech cost? Fees are based on the size of the company and number of monthly invoices processed.
 
Retailer FAQ's
How does the Enrollment Process Work? All you need to do is complete our one page enrollment form and provide us with a list of your beer, wine and liquor distributors. Fintech manages the entire enrollment/set-up process for you.

This includes:
  • Communication with all distributors
  • Establishing and verifying banking relationships with each distributor
  • Building a customized website with account settings to establish user rights and access privileges
  • Coordinating a live date with all distributors to ensure smooth transition for roll-out.
Can multiple bank accounts be set-up? Fintech can set-up a separate bank account for each delivery location and, if required, for each trading partner relationship.
How long does the enrollment process take? The entire set-up process takes an average of 10-14 business days.
How does the Fintech process work? When the driver delivers product, the retailer checks in the delivery, ensuring the printed invoice accurately reflects the delivered product. The Distributor sends the invoice information electronically to Fintech. Fintech sends payment instructions through the banking system according to the invoice due date so as to ensure the payment will be in the distributors account by the invoice due date. This ensures that the distributor will receive the funds on time and that the regulations of payments for alcohol are adhered to on time, every time.
Does Fintech ever take title to the funds being transferred? No, Fintech does not take title to the funds. Fintech facilitates the simultaneous debit from the retailer's account and credit into the distributor's account.
What states have approved the Fintech system? The Fintech system has gained approval from all 50 state regulatory agencies and the District of Columbia as a cash equivalent for the purchase of beer, wine, and spirits.
What does Fintech cost? Fees are based on the number of locations and number of monthly invoices processed.