Remove Addressing Remove Business Continuity Remove Check Clearing
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How The FedNow Service Could Keep Checks In B2B Payments

PYMNTS

In other words, the friction associated with getting familiar with and implementing a new payments service can prevent businesses from making the switch from paper checks to a faster, digital payments solution.

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Don’t Write Off The Paper Check Just Yet

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According to Ingo Money CEO Drew Edwards, paper checks are simply an easier way for an organization to make a one-time payment to another organization with which it has no relationship. Superior Press , a treasury management solution provider for commercial banks, is acting on that need. The expansion of ACH across the U.S.,