Payments as a Revenue Center

Payments as a Revenue Center, or PaaRC, enables Checkbook customers to transform their payouts into a revenue center by collecting a fee from recipients for specific deposit options. The fee can be configured to be a percentage or flat fee and is configured on a per payment rail basis (not to exceed the amount of the payment). The fee is automatically deducted from the payment amount and is split between Checkbook and our customer, providing additional revenue for both parties.

This allows customers to recoup costs of premium payment methods, offset costs for their payments, or to transform their payouts from a cost center to a revenue center.

How it works