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Paper checks are gradually shrinking their market share in the B2B payments landscape, yet the outdated paymenttool remains in-use for up to 80 percent of businesses in the U.S., noted PYMNTS in a previous FasterPayments Tracker. ACH’s Embedded Frictions.
The October edition of the PYMNTS FasterPayments Tracker™ , powered by NACHA, looks at notable developments in the global remittance market, including new real-time paymenttools for SMBs, blockchain and the latest trends in fasterpayments infrastructures, including the recent rollout of Same Day ACH Phase 2.
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