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To choose the right payment method, consider transaction volume, transfer speed, cost, and security. ACH payment is more affordable and can be automated and payee-initiated, making it ideal for recurring transactions and subscription payments. Wiretransfers are processed within 24 hours to a few days.
While wiretransfers and checks are quite common, the corporate credit card market is projected to have a compound annual growth rate (CAGR) of 7.3% While traditional B2B payment methods like wiretransfers and checks remain common, the corporate credit card market is projected to grow at a CAGR of 7.3%
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