How Small Business Can Leverage Digital Checks to Get Paid Faster
Posted by Checkbook on Jun 24, 2020
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What Is Zelle?
Zelle is a leading peer-to-peer (P2P) payment service, offering a hassle-free and secure method for transferring money directly between bank accounts, without any charges. Launched in 2017 by Early Warning Services, LLC which includes a consortium of major U.S. banks, Zelle provides a way to receive payments online, making digital transactions seamless and reliable. The key is that the individual receiving the payment needs to download the app and sign up by adding their bank account
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.
What are Real Time Payments?
Real time payments allow individuals and businesses to, with the push of a button, instantly make funds available for use.
