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The Top Payment Methods For Small Businesses

Stax

Well highlight the pros and cons of each payment medium to help you narrow down the right options for your company. TL;DR You get to choose from traditional payment methods like cash and checks, online payment methods like digital wallets and ACH transfers, and emerging payment methods like BNPL services and cryptocurrencies.

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How Banks Can Tap Into The Benefits Of Integrated Receivables

PYMNTS

Instead, they might be making payments with electronic ACH deposits, wire transfers, or some other electronic deposit, which is difficult for the corporate treasurer to reconcile. And, as checks are on the decline and electronic payments are on the uptick, new payment streams are coming in — that is, real-time payments.

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Payment Rails Search For Harmony In B2B Payments

PYMNTS

Innovation in the payments arena has provided more rails upon which to move money. In B2B payments, though, legacy tools continue to lead. Local and global ACH transfers are used by 29 percent (the same portion of businesses that write checks to make international payments), while 17 percent use prepaid debit cards.

B2B
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Protecting Accounts Payable From Smarter, Faster Fraudsters

PYMNTS

Faster and emerging payments systems are gaining traction, as nearly half of corporates are using or interested in using new payment services. Each payment type — even if looking at legacy payments systems — has its own set of associated risks, according to Cranston. Paper checks can be altered, signatures forged.

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The Roil Over B2B Payments Rails

PYMNTS

who today already have access to an ubiquitous faster payments scheme called same-day ACH. Same-day ACH is being used by corporates and mostly as a utility when emergency payments must be made. All of that makes real-time a real hard sell to corporates, and therefore a real hard sell to every single one of the FIs in the U.S.

B2B