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Companies attempting to more transparently view their cash flows can no longer afford to spend time processing paper checks, and their use of digital paymenttools has thus inched upward. One study by TCH observed that 56 percent of checking account holders in the U.S. percent during Q3 2020.
Not only are faster paymenttools bringing helping to exchange funds at a quicker pace, but these solutions are also transforming the certain aspects of the gig economy and spurring investments in new payment infrastructures. ACI Worldwide, for one, is offering its cloud-based UP Immediate Payment solution to U.S.
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