Checkbook.io Launches InstantPay

Posted by Checkbook on Apr 03, 2019

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Giving the user various options — instant payments, direct deposits, and printed mobile — offers newfound freedom in the payment landscape that had been previously restricted in the customer’s domain.

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The card features a one-time use 16-digit number with a pre-determined spending limit that is emailed to the recipient. The recipient can store the information and use it when needed.

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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