United States Patent Granted - Patent No: US 10,692,156 B2
Date issued: Jun 23, 2020
Check22 is designed to fundamentally alter the merchant/consumer relationship as it exists today, by moving purchase and other financial transactions from a “pull” model, wherein a consumer gives a merchant detailed information allowing the merchant to draw money from a consumer’s accounts, to a “push” model, where the consumer provides no such information to the merchant, but instead actively sends their payments directly to the merchant in the form of a Check22 on demand substitute check.
In 2003, the U.S. Congress enacted a federal law called "Check 21" that allows the recipient of a paper check to create a digital version of the original check. This digital electronic format is called a "substitute check". Check22 is the next step. We've changed the process from a "Debit" (grab) transaction to a "Push" transaction where the payer decides when and how much they wish to pay.
You can send your own Check22 payments in just moments - drawn against your own checking account - to anyone you want, whenever you want. Just click on the signup tab below or go to www.GenieChecking.com activate your GenieChecking account and create your own Check22. Provide a few details about your checking account, and we will prepare your Check22 as an electronic "substitute check". Email it, or print and mail it - however you want. When your payee deposits your Check22, it will be charged to your regular checking account at the bank you provided, just like any other check you write!