A straightforward, single-use CHEQ for sending or receiving a specific amount.
Use Cases:
Paying a freelancer or vendor
Sending a one-off reimbursement
Gifting stablecoins to a contact
Features:
Fixed amount
Optional due date (can be sent immediately or postdated)
Signed using your PIN
Part of a structured project CHEQBook, a Milestone CHEQ allows you to break a larger payment into stages based on deliverables or time.
Use Cases:
Paying for multi-phase projects (e.g., design, development, consulting)
Tracking payment progress for larger engagements
Increasing trust between parties by tying payments to outputs
Features:
Grouped under a single CHEQBook
Each milestone is independently tracked and paid
Can be postdated and tied to agreed timelines
A CHEQ initiated by the receiver. The recipient sets the amount and details, and the sender simply approves and signs it.
Use Cases:
Making it easier for clients or peers to send payments
Ensuring accurate payment details are provided
Eliminating back-and-forth over invoice data
Features:
Receiver fills in the CHEQ
Sender is notified and signs to confirm
Simplifies workflows for recurring collaborators
All CHEQs, whether One-Time or Milestone, can be postdated. This means:
Funds are scheduled to be transferred at a future date.
The commitment is visible to both parties in advance.
Useful for managing cash flow or aligning with contract terms.
You can always reach out to the support team if you need any help. Click on the “Help & Support” widget (the rectangular button on the right of your screen).
