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In Sluggish Payments, Who’s To Blame: FIs Or SMEs?

PYMNTS

Or, in the case of cards, retrieving cash from an ATM will show up instantaneously in bank records; in a B2B transaction, on the other hand, a transaction may not get settled for a few days. You’re using the same card and getting different results depending on which way the payment goes through the banking system,” Kislingbury said.