Checkbook and Visa collaborate to maximise instant payment availability.
In brief:
- Checkbook, an all-in-one payments platform, announced a multi-year collaboration with Visa aimed at expediting disbursements to businesses, institutions, and individuals across millions of endpoints around the country.
- This announcement builds on Visa and Checkbook’s incremental collaboration with Checkbook having participated in the Visa FastTrack program in 2021 and their Virtual Card program enabled by Visa.
- Fast payments optimize the way businesses send money to their customers and to each other, examples include paying insurance claims, vendors and contractors, wages, tips and rebates amongst others.
What does this mean?
“Our goal at Checkbook has always been to offer our customers a comprehensive suite of modern payment options with a single API,” says PJ Gupta, CEO and Founder of Checkbook. “By offering real-time1 payments through Visa Direct, we are enhancing our customers’ ability to send and receive fast payments seamlessly.”
