PYMNTS

JULY 16, 2020

But a lack of vendor acceptance and resistance to absorbing interchange costs continue to limit the AP department’s ability to capture key benefits of v-cards. “[That vendor] is probably an ideal candidate for an ACH payment somewhere in the future.” percent, that’s an expensive way of being paid.”

ACH 68

ACH Remittance Data Payments Strategy Checks 68

PYMNTS

OCTOBER 31, 2019

But the tool’s ability to accept data along with a payment (i.e., the ability to not only receive a check payment, but know what invoice that check is for), is a functionality with which many electronic payment solutions today continue to struggle. What is the role of a lockbox today?

Lockbox 43

Lockbox Remittance Data Checks RTP 43

PYMNTS

JULY 27, 2017

In an often-cited report released by NACHA last month, accounts receivables executives said they are gearing up for ACH payments to over take paper checks when it comes to how their business customers pay. Plus, the VP added, ACH payments don’t always come with remittance data. “A

ACH 40

ACH Checks Payments B2B 40

PYMNTS

MARCH 3, 2020

Depending on the complexity of a purchase, suppliers continue to face hurdles in how the payments are remitted and reconciled. “You could have a couple hundred portals that you have to go into every time to submit your invoice, and if you don’t do that, you’re unlikely to get paid on time.”. The Outsourcing Decision.

Accounts 74

Accounts Underwriting Reconciliation Credit Limit 74

PYMNTS

DECEMBER 5, 2019

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.

Faster Payments 53

Faster Payments Commercial Card ACH Payments 53

PYMNTS

OCTOBER 23, 2019

Below, PYMNTS looks at the latest solutions that take one of those two paths as innovators address friction in checks, ACH and other rails. It’s both a show of support for a new rail like RTP, as well as for the strategy to improve upon legacy rails like ACH. s first new payment rail since ACH launched in 1974.

Faster Payments 40

Faster Payments B2B RTP ACH 40

PYMNTS

SEPTEMBER 12, 2019

The paper check continues to be a prominent — and, in many cases, dominant — payment method in B2B transactions. Check and ACH transactions have been around for a long time for a reason.

AFP 51

AFP Checks ISO 20022 Cross-Border 51

PYMNTS

AUGUST 3, 2017

A report released by the Federal Reserve last month revealed news that checks and ACH surpassed use of credit and debit cards among business payers, while separate data from NACHA released in June found cards make up just 11 percent of all B2B payments. especially, are about mixing payment rails, Krishna continued. “We

Cash Management 43

Cash Management Commercial Card Push-to-Card B2B 43

PYMNTS

APRIL 1, 2016

The historically fragmented nature of disparate services and payment solutions, ranging from credit cards to ACH to mobile payments to lockbox and remote deposit capture is a driving force in corporate banking clients’ desire for truly integrated receivables solutions.

Remote Deposit Capture 40

Remote Deposit Capture Lockbox Remittance Data Compliance 40