Castifi Leverages Checkbook to Solve Instant Payments for Thousands in the Film Industry
Posted by Checkbook on May 22, 2019
Check Out The Company That Created Digital Checks with Instant Payments
The business model works a bit like Dropbox in the sense that Checkbook gives away its service to consumers in hopes of infiltrating businesses that it will charge. Rather than try to sell Checkbook's convenience to companies one at a time, it hopes to gain viral traction and parlay that into real customers.
Checkbook.io Launches InstantPay
Julie Muhn of Finovate says, "The technology works because Checkbook.io doesn’t use the antiquated ACH infrastructure, which requires recipient onboarding and takes three to five business days to move funds from one account to another."
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."