According to the press release, in the US alone, almost 14 billion checks were sent and USD 19 trillion in funds were transferred in 2019. Checkbook built a solution that provides a flexible way to transmit funds in real-time and there’s no need for recipients to sign up for any service or download any app.
The platform provides businesses with solutions that fit their needs whether it’s pushing a payment directly to their recipient’s bank or sending them a virtual card, allowing senders to earn money with every payment. The payments can be sent online without requiring recipient’s ACH info, thereby completing the last mile of payments with ease.
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