What are Real Time Payments?
Posted by Checkbook on Jun 02, 2020
Human beings are impatient creatures. We don’t like to wait and we get upset when we have to. Enter, real time payments.
Real time payments allow individuals and businesses to, with the push of a button, instantly make funds available for use.
Real time payments can change the game no matter who you are or what kind of business you operate. Daily wage workers, gig economy workers and other freelancers will never have to experience a delay in being paid again and this will attract more people to adopt freelancing as their preferred method of work.
Funds received in real time can not only be instantly pushed to the recipients Checking Account but can also sit in their Apple Wallet or Google Pay, thereby making this payment method all the more attractive in the business-to-consumers (B2C) space. Checkbook wants to help customers make and receive payments in as little time as possible, and that is one reason we offer Instant Pay and instant bank transfers at no extra cost.
Related Posts
How Long Payout Cycles Hurt Influencers & Affiliates
he traditional payment infrastructure used by brands and affiliate networks isn’t designed for speed. But Checkbook is changing that. With faster, flexible payment options, influencers and affiliates can choose how and when they get paid.
Checkbook.io offers digital checks and invoicing services
"While working on Noca, Gupta saw there was a gap in the checks payment market. He founded Checkbook.io to provide digital check payment options, which allows businesses to send any amount of money digitally, like with PayPal or Venmo, but with a small fixed fee no matter how large the amount."
How long does a bank transfer take?
Understanding the intricacies of bank transfer times is vital for effective transaction management, whether one is a seasoned banker or new to online banking. Transfer durations vary depending on factors such as the banks involved and the chosen transfer methods.