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Checkbook.io

From EverybodyWiki Bios & Wiki






Checkbook.io
File:Checkbook logo blue.svg
Payments processing, ACH
ISIN🆔
Founded 📆2016
Founder 👔
Headquarters 🏙️San Mateo, California, United States
Area served 🗺️
Key people
PJ Gupta
(CEO/Founder)
Members
Number of employees
🌐 Websitecheckbook.io
📇 Address
📞 telephone

Checkbook.io is a financial technology company focusing on payout solutions using digital payments.[1]. It is based in San Mateo, California. Checkbook.io has built a method to send out checks digitally via email/text or through any other online mechanism.[2][3]

History

Originally based in Sunnyvale, California, Checkbook.io was founded in 2015 by PJ Gupta and is currently located in San Mateo. In March of 2016, Checkbook.io’s platform was released in public beta. They are funded by investors in Silicon Valley, including Tim Draper, AngelList founders, etc.

Checkbook.io solves the problem of using paper checks and taking on a large, inefficient way of making payments using paper checks. Checkbook.io reached 2 million digital check recipients by September 2018[4][5]

Products and services

Digital Payments

Provides a way for senders to push payments to the recipient’s bank account in real-time using ACH or real time payments.

Instant Pay

Checkbook’s digital payments and invoices enable users to send a variety of payments (multiple checks, recurring payments) with just the recipient's email[6]

PayFac/Market Place

Checkbook’s API and web interface gives users the opportunity to create their own PayFac/Marketplace without needing to write any code, facilitating 3rd party payments.

References

  1. "4 money transfer apps to use when you need something faster than a paper check". Business Insider. 22 July 2019.
  2. "Check Out The Company That Created Digital Checks with Instant Payments". Tech Crunch. 1 March 2016.
  3. "Check Out The Company That Created Digital Checks with Instant Payments". Nasdaq. 3 April 2019.
  4. "Checkbook Reaches 2 Million Digital Check Users Bringing Consumer Ease To Business Payments". Business Insider. 12 September 2018.
  5. "Checkbook Reaches 2 Million Digital Check Users Bringing Consumer Ease To Business Payments". Payments Journal. 12 September 2018.
  6. "Check Out The Company That Created Digital Checks with Instant Payments". Yahoo Finance. 3 April 2019.

External links


This article "Checkbook" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Checkbook. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.