Checkbook.io Launches InstantPay
Posted by Checkbook on Apr 03, 2019
Related Posts
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.
EFT Payments
Electronic Funds Transfer (EFT) is a digital process that allows money to be transferred between bank accounts without the need for physical checks, cash, or paper-based transactions. This method is widely used in banking and business to ensure faster, more efficient financial transfers. Common types of EFT transactions include direct deposits, wire transfers, and Automated Clearing House (ACH) payments. These methods provide a secure and reliable way to move funds, offering greater accuracy and speed in handling payments.
4 Money Transfer Apps To Use When You Need Something Faster Than A Paper Check
"Checkbook.io is a digital checkbook alternative that replaces the act of writing and mailing paper checks with a simple email exchange. The best part is, neither the sender or the receiver of the "check" needs to sign up for a service to get started and neither side sees each other's financial information.", notes Holly Johnson of Business Insider
