Remove ACH Remove Payments Tools Remove Remittance Data
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Virtual-Card Adoption – Not An ‘All-Or-Nothing’ Strategy

PYMNTS

” Mixing Payments Tools. As CFOs move forward in their payments digitization strategies, migrating away from paper checks is of utmost importance, particularly in today’s touchless world. . “[That vendor] is probably an ideal candidate for an ACH payment somewhere in the future.”

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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

In the flurry of payments innovation, it can be difficult to remember that legacy tools remain commonplace, especially in corporate payments. It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand.

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The Commercial Card Embraces A Season Of (Major) Change

PYMNTS

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. Winter Blues. Spring’s SMB Support. Summer Trips: Canceled.

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How Virtual Cards Can Live Up To Their Faster Payments Promise

PYMNTS

Among the most pervasive is that wire, ACH and check acceptance are free, whereas cards, and the interchange fees associated with them, are expensive — particularly when accepting those virtual card payments does not come with a corresponding acceleration of when payments are received. Delivering What Was Promised.

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Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

It’s a stark contrast from its historical high of 81 percent in 2004, analysts noted, and suggests checks are steadily declining within corporate payments. The AFP’s report was released the same week a range of new electronic B2B payment tools were announced, the latest in a deluge of digital payment solutions emerging in recent years.

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