Marketplaces and platforms use Checkbook’s RESTful API to accept money, pay out to third parties, and onboard businesses and individuals alike. Our white label solution provides a complete set of building blocks to support virtually any business model from mass disbursements to financial service marketplaces.
Whether you're a marketplace for landlords, freelancers or gig economy workers or building an accounting platform, Checkbook has the solution for you. Checkout some of the successful examples of marketplaces on our home page that have implemented Checkbook's Digital Check solution
Onboarding sellers is simple. Create a user as a seller. Add a bank account. Have the user verify the bank account. You have a choice of building your own UI/UX or use OAuth and the user can complete their bank account verification within the modal rendered by Checkbook. Of course, all this happens without the seller/user leaving your website. We support virtually any business model from mass disbursements to financial service marketplaces.
Onboarding buyers in marketplaces is similar to onboarding sellers. You can do it using the API for creating a user, adding a bank account for the user and having the user verify it. Again the entire user experience is on your website and you can either build everything out using direct API calls or use OAuth to have Checkbook provide the flow and bank account verification. Check out the docs and video for more details.