Remove Digital Payments Remove Lockbox Remove Remittance Data
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Billtrust CEO On Delivering The Perfect B2B Payment

PYMNTS

With ACH , the biggest challenge often comes in the form of remittance data being emailed separately from the movement of funds. For businesses managing tens of thousands of transactions every month, manually sifting through email inboxes to match remittance data with bank account information is a massive point of friction.

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Preserving Check Workflows Can Ease B2B Payments Digitization

PYMNTS

According to Reed, Deluxe’s lockbox services process $2 trillion worth of paper check payments every year, and there is no silver bullet to transitioning that volume to electronic payment method all at once. But addressing payee needs is just as critical to easing the digital migration.

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