Checkbook

Checkbook (Checkbook Inc., operating under Checkbook Payment Holdings, Inc.) is a digital payments company headquartered at 1850 Gateway Dr., Suite 125, San Mateo, California. Its platform is built around a "Digital Check" product that lets a sender initiate a payment by entering only the recipient's name, email address and amount, after which the recipient chooses how to receive the funds. Supported settlement rails include ACH, real-time payments, printed checks, mailed checks via USPS, push-to-card to existing Visa or Mastercard debit and ATM cards, virtual cards, and wallet payouts to Venmo and PayPal. Recipients are not required to sign up for an account, and Checkbook describes its platform as tokenized to protect financial data.

The product is delivered through a RESTful API for programmatic payment tracking, check batching and customer onboarding, and through a full-featured online dashboard that mirrors the API's functionality. Pre-built integrations include QuickBooks Online and AccountingSeed. A white-label marketplace offering lets customers control branding elements such as colors, emails and content, create end users, add bank accounts and facilitate payments between parties, either through direct API calls or via OAuth-hosted flows and modals. Checkbook also offers multi-party payments, a payment facilitator marketplace and integration solutions, targeting use cases from mass disbursements to financial-services marketplaces.

Published rail characteristics differentiate speed and cost: ACH and printed checks start at $1 per transaction and settle in up to three business days, mailed checks start at $1.79 and take roughly three business days, while push-to-card and virtual cards settle in under 20 seconds and real-time payments and wallet payouts in under 60 seconds, with card and RTP pricing quoted through sales. Card, RTP and wallet rails are available 24x7x365, whereas check and ACH rails run on US business days.

Founding story

Checkbook was founded in 2015 by CEO PJ Gupta and is based in California.

Business model

Checkbook sells payment disbursement infrastructure to businesses on an integrated per-transaction pricing basis with no monthly fees, percentages or hidden costs, and offers customized subscription plans for enterprises; one profile states the company also generates revenue from a software package subscription priced at $499 per month. Pricing for certain rails, including push-to-card, virtual cards, real-time payments, Venmo and PayPal, is quoted through sales.

Per-transaction fees on payments sent across its rails (for example, ACH and printed checks starting at $1 and mailed checks at $1.79), plus subscription plans, including an enterprise-customized plan and a reported $499-per-month software subscription.

Traction

Customer testimonials cite use by BCU (consumer lending), Beanworks Solutions, Yooz North America, ACE and Vault.Insurance. Recorded corporate activity includes one acquisition, of Sureti in January 2025.

Latest developments

In January 2025, Checkbook Payment Holdings acquired Sureti, a third-party fund control platform that accelerates property claim payments, and said it would integrate Sureti's vendor network and fund control mechanisms to speed payment processes, including in the mortgage industry.