The century-old company that invented the checkbook may be a key coronavirus economic player – CNBC

Shoreview, Minnesota-based Deluxe invented the checkbook a century ago. Now it may play a key role in distributing government stimulus checks, as well as help its small business clients get through the coronavirus crisis.

Deluxe Corp.

Chances are that your first checkbook bore the stamp “Deluxe” on the cover. Now there’s a good chance that if you receive a coronavirus stimulus check from the federal government, it could be sent by Deluxe. 

Founded in 1915 by W. R. Hotchkiss, who is credited with creating the first flat checkbook, Shoreview, Minnesota-based Deluxe remains a major printer of checks. As one of the few companies with the capabilities to handle payments on this scale, Deluxe is in a good position

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