Remove ATM Remove Check Clearing Remove Fed
article thumbnail

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

PYMNTS

it confirmed that small businesses are fed up with their banks when it comes to how long it takes for payments and transactions to actually complete. 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.