Checkbook offers a unified API for businesses to execute payments across various channels, including ACH, real-time payments, and digital checks, without requiring payee enrollment. This platform eliminates hidden fees and simplifies the payment process, enabling rapid disbursement at scale while ensuring secure transactions.
Funding
$10M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
CRICJCFounders
Product
Problem
Businesses face complexities in disbursing payments through various channels, often encountering hidden fees, cumbersome payee enrollment processes, and a lack of unified solutions. This can lead to inefficiencies, increased costs, and security concerns in payment operations.
Solution
Checkbook provides a unified API platform that streamlines payment execution across multiple channels, including ACH, real-time payments (RTP), virtual cards, and digital checks, without requiring payee enrollment. The platform eliminates hidden fees by offering transparent, per-transaction pricing. Checkbook simplifies the payment process through a RESTful API and an online dashboard, enabling businesses to send payments at scale while maintaining security. The platform also supports white-label marketplace implementations, giving businesses complete control over the user experience.
Target Audience
Checkbook primarily targets businesses, developers, and accounting platforms seeking to streamline payment processes and reduce costs associated with traditional payment methods.
Features
- Unified API for sending payments via ACH, RTP, virtual cards, digital checks, and mailed checks
- Digital checks support flexible deposit options without requiring recipient signup
- Real-time payments enable fund deposits in under 60 seconds
- RESTful API for tracking payments, sending check batches, and onboarding customers
- Online dashboard with full API functionality for managing payments
- White-label marketplace implementation for complete control over colors, emails, and verbiage
- Pre-built integrations with QuickBooks Online and AccountingSeed
- Integrated per-transaction pricing with no hidden fees