Two business days. No trip to the bank, no waiting on the mail, no wondering whether the check was any good — you knew that in seconds.
No. Checkdepo works with the business account you already have. Nothing to open, nothing to move, no minimum balance.
You're paid at acceptance — the same way a card works. The authorization is the payment event. Funds follow on the schedule above.
On the Guaranteed tier, you're made whole. The guarantee covers a check returned for any reason — insufficient funds, closed account, stop payment.
The one thing it doesn't cover is a dispute between you and your customer about the work or the goods. That's a matter between the two of you, not a payment failure.
Every returned check goes into full-service collection at little to no cost to you. Not a chargeback, not a debit against your account — actual recovery work by a licensed collection agency that has been recovering returned checks since 1972.
Most processors hand a returned item back to you and consider the matter closed. We work it.
No. There is no chargeback mechanism here. A check that comes back is a returned item, and it goes to collection.
No. They open a link on any phone — the one already in their pocket. Nothing to install, nothing to configure, no accounts to set up for each person.
Yes. There's nothing on the phone to protect, because nothing is stored on it.
No, and this is the point. Bank apps only let account holders deposit checks, which is why you can't hand mobile deposit to a technician. Checkdepo takes deposit out of the banking app. What your people can do is submit a check. That's the whole surface — no balances, no transfers, no account.
You find out on the spot, before you accept it. That's the difference between checking a check and hoping.
Yes. If the invoice is $1,200 and the check is $500, we take the $500. Your portal shows what was invoiced, what was paid, and what's left, and one click sends a link for the balance.
Yes. Nothing gets mailed, deposited, or driven anywhere.
The check image, the account and routing detail read off it, the amount, and the customer's authorization — with the exact wording they agreed to and the timestamp they agreed at. All of it stays in your portal.
No, and that's deliberate. Payment records and authorization evidence can be archived out of your working list, but they are never destroyed. If a payment is ever questioned, the record is still there.
Your agreement is with BioeFunds LLC, which operates Checkdepo. The check authorization behind every decision comes from Check Plus Systems, and returned items are worked by a licensed collection agency. One agreement, one place to call.
Less than accepting a credit card — on every tier, including the fully guaranteed one. No monthly fee, no minimum, no hardware to buy. You pay when you take a payment.
Check authorization is not new, and neither are we. The authorization behind every Checkdepo decision comes from Check Plus Systems, which has been authorizing and recovering checks since 1972. What's new is the phone.