7% of U.S. households are unbanked and 20% of U.S. households are under-banked (FDIC survey, October 2014). The new trend of un-banked merchants having to deal with cash is creating an environment rich with both opportunities and problems. GenieChecking is the solution!
Imagine having checkbook that ties straight into the internet, letting you literally e-mail a check to anyone - including yourself - with absolutely no risk of overdraft, forgery, or any of the other risks of an old-style checking account.
Fully negotiable checks, payable against the funds in your Genie CashBox.
GenieChecks may be printed and deposited as an ordinary check, negotiated in person at a participating financial institution, sent as e-mail attachments to third parties, printed and mailed to third parties by either by you or by AllCom, or printed and deposited electronically using any financial institutions “smart-phone” or other electronic deposit application.