Posted by Checkbook on Jun 24, 2019
Castifi Leverages Checkbook to Solve Instant Payments for Thousands in the Film Industry
Announcing new innovations within the payroll industry that help short term staff receive payments instantly in the gig economy.
Anyone who’s worked in the film industry will attest, getting paid on projects isn’t always a smooth process. Whether the check was “lost in the mail” or “fell through the cracks,” there is no shortage of reasons why payment was delayed. The underlying issue is that these industry professionals face a constantly changing work environment. Film projects are temporary places of work where skilled employees are hired to do their job until the project is finished. Castifi, a startup that built a platform for scheduling and time tracking for cast and crew members paid 50,000 people in 2018 alone. Quickly becoming the glue between operators like Casting Directors and production companies, the startup is helping protect both parties from security and fraud risks. Their team does this by onboarding users digitally and securely, and removing physical paper thereby preventing bank account numbers from being exposed.
Previously, they worked with solutions like PayPal, Zelle, Venmo, Deluxe eChecks, and finally found Checkbook through the startup ecosystem. The key differentiator with Checkbook is that they do not require Castifi’s recipients to create an account. The talent is able to authenticate their bank account and quickly see that their money is en route.
“Many of the cast and crew members that we work with can’t wait 2-3 weeks to get paid, which is currently the industry norm. Our users regularly tell us about the difficulties of managing everyday expenses and uncertainty around when they will get paid. Finding a solution like Checkbook.io has allowed our users to get paid within 1-2 business days which is a game changer for our core business,” says Castifi’s CEO Rum Sheikhani.
Checkbook provides the recipient with a number of options to cash their Digital Check completely online. They can either verify their bank account and deposit it online, print their check at home and do a mobile deposit, or input their Debit Card to receive their funds instantly.
Castifi is a hub for work, for event and media production managers. It’s a place where teams come together, careers grow, and information is always at your fingertips.
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