PYMNTS

OCTOBER 2, 2019

Kresse attributes this inertia to entrenched processes, both at the enterprise level and within some FIs, especially where lockbox services (including receiving and scanning payments) are large revenue generators. Despite that, there is a better option, as roughly 40 percent of B2B payments are still done by paper checks.

C2B

PYMNTS

JANUARY 9, 2019

Expanding into the government space, and as it exists today, First Billing’s offerings span the processing of check transactions, as well as credit and debit cards.

ISVS

PYMNTS

DECEMBER 5, 2017

The persistence of bank wholesale lockboxes, invented in the 1950s, shows this problem has not been tackled to the same degree as payments between consumers and businesses, Diegelman said. Electronic money can be placed onto a debit card in real time, and that is what is needed in an emergency circumstance.

Consumer

Stax

MAY 2, 2024

A merchant cash advance (MCA), also referred to as a merchant loan or business cash advance, is a short-term business financing option that allows small business owners to receive cash advances based on future credit or debit card sales. Your future revenue acts as a guarantee.

Credit Cards