Checkbook.io, an end-to-end online payments processor, has announced that it has become part of Visa’s Fintech Fast Track program.
The new collaboration will allow the firm to speed up the process of integrating with the Visa network, and allowing Checkbook to easily leverage the reach, capabilities and security that VisaNet, Visa’s global payments network, offers.
Through Fast Track, Checkbook is taking real-time payments to the masses with the launch of its Virtual Cards.
PJ Gupta, Founder and CEO of Checkbook commented: “Visa has given Checkbook great impetus. To think that this was just an idea until 6 months back and we are now ready to go to market with a transformative product. Fast Track helped us get up and running faster, and scale efficiently in this endeavour..”
Visa’s Fintech Fast Track Program can be a significant boost to provide startups, like Checkbook, the ability to access Visa’s growing partner network with experts who can provide guidance in helping them get up and running in the most efficient way possible.
Luke Nield, the IT Director of Schomp, one of the early adopters that signed up for Checkbook’s Virtual Card offering, added: “Our clients will love the convenience of Virtual Cards as it will give them instant gratification and increase loyalty tremendously. It is exciting that with new technology you can not only pay anyone in real-time but they can also simply store the funds on their phones! I am excited to now have adopted the whole gamut of products offered by Checkbook.”
Terry Angelos, SVP and Global Head of Fintech, Visa concluded: “By joining Visa’s Fast Track program, exciting Fintechs like Checkbook gain unprecedented access to Visa experts, technology, and resources. Fast Track lets us provide new resources that rapidly growing companies need to scale with efficiency.”