What are Real Time Payments?

Posted by Checkbook on Jun 02, 2020

RTP

Human beings are impatient creatures. We don’t like to wait and we get upset when we have to. Enter, real time payments.

Real time payments allow individuals and businesses to, with the push of a button, instantly make funds available for use.

Real time payments can change the game no matter who you are or what kind of business you operate. Daily wage workers, gig economy workers and other freelancers will never have to experience a delay in being paid again and this will attract more people to adopt freelancing as their preferred method of work.

Funds received in real time can not only be instantly pushed to the recipients Checking Account but can also sit in their Apple Wallet or Google Pay, thereby making this payment method all the more attractive in the business-to-consumers (B2C) space. Checkbook wants to help customers make and receive payments in as little time as possible, and that is one reason we offer Instant Pay and instant bank transfers at no extra cost.

Related Posts

Job Security In The Future

Have you ever worried about the relevance of your job? Well, you are not the only one! Most Americans have a love-hate relationship with automation and its consequences and its repercussions on blue collar jobs.

What is an eCheck?

eChecks (aka. Electronic Checks) are a payment tool that are used to send funds electronically.

Checkbook Reaches 2 Million Digital Check Users Bringing Consumer Ease To Business Payments

"Checkbook simplifies business and individual payments replacing time consuming steps for both the sender and the receiver of money with one email exchange. Checkbook immediately sends a Digital Check and does not charge percentage based fees like other payment companies like Square"

Ready to get started?

Explore Checkbook, or create an account instantly and start sending payments. You can also contact us to design a custom package for your business.

icon
Always know what you pay

Integrated per-transaction pricing with no hidden fees.

icon
Start your integration

Get up and running with Checkbook in as little as 10 minutes.