PYMNTS

JANUARY 13, 2021

Companies may push back on the cost of new tech deployments but eventually can begin to ramp up the transition (conversion, really) to electronic payment methods from lockboxes and checks. With virtual cards, he said, a portion of that interchange rate gets shared with the payer.

Process

PYMNTS

AUGUST 7, 2018

But, as Buettner recently told PYMNTS, the BPDA has additional objectives in mind that speak to the various points of friction that plague B2B payments processes today, including longer payment cycles for suppliers and the ever-increasing risk of fraud. The concept of a B2B payments directory isn’t new.

B2B

PYMNTS

JULY 22, 2019

percent of survey respondents reporting that they are “very” or “extremely” satisfied with paper checks, it seems like B2B payers really don’t find them to be all that bad. Yes, checks were nearly bottom-of-the-barrel in terms of satisfaction levels, but with 63.5

B2B

PYMNTS

MAY 7, 2020

With many AP and even accounts receivable (AR) departments continuing to prefer paper check payments, service providers risk an unfavorable customer experience — or worse, costly operational disruption — by forcing clients to move to a different payment method. But addressing payee needs is just as critical to easing the digital migration.

Checks