Checkbook.io Launches InstantPay

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."

Checkbook.io’s Link to Plaid Looks to Bring Verification to Real-Time Payments

As the payments business moves toward faster settlement, verifying payor accounts becomes crucial, yet for non-card payments, “there’s a gap there,” notes Patricia Hewitt, principal at PG Research & Advisory Services LLC, a Savannah, Ga.-based payments consultancy.

To Avoid Fraud, Avoid the Paper-Trail

A paper-trail not only makes a business susceptible to human error, but is also difficult to store and filter through in times of need.

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