SnapCheck is driving the elimination of paper cheques, saving organizations 70% or more in payment costs and mitigating 90% of payment fraud.
Businesses are trapped in a world of paper cheques, and still conduct a majority of B2B transactions via paper cheque.
SnapCheck’s blockchain-enabled digital checking platform empowers organizations to break free from the trappings of paper payments and embrace electronic transactions. By integrating with bank core processors, accounts payable systems, payroll platforms, SnapCheck provides a seamless experience for users to send highly-secure SnapCheck digital cheques instantly, directly from their mobile/online banking account or their preferred accounting software.
SnapCheck combines the strength of electronic payments with the ubiquity of cheques to save costs and eliminate fraud for businesses and banks alike.