Check Out The Company That Created Digital Checks with Instant Payments

Posted by Checkbook on Apr 03, 2019

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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."

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.

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