For anything over $50,000, go with a Bank Wire Transfers.
Banks (Best for Business).
Not Credit Unions (Great for Personal).
A Bank will charge you about 1% of the Amount, which will get you a much better deal than DirectPay (at 3%).
Shop around for Banks to find the cheapest Wire Transfer Fee.
Make SURE these Transactions are going into your Business Bank Account and NOT your Personal Bank Account.
Bank Wires are Highly Secure (The most Secure) as the Bank conducts a series of ID Verification on your behalf to eliminate fraudsters.
I recommend Bank of America. The reason why is because I was able to open an account online in less than one hour and with no paperwork. All I needed to do was provide them with my Business’ EIN. The rest was done automatically.
I do NOT recommend Chase. Their process creates a Logic Loop — A BUSINESS THAT HAS A LOGIC LOOP INSIDE IT’S BUSINESS MODEL IS A POOR QUALITY BUSINESS MODEL AND SHOULD BE A RED FLAG. Chase required more than 4 forms of documents. Unnecessarily complicated.