Speed, Cost, and Certainty Matter
of organization’s cross-border payments are done via Swift wire.
Want to learn more about the changes happening with electronic payments?
Legacy Wires Are Still Dominant
B2B Transactions Will Benefit Most from Faster Payments
Cross Border Payments: Holding to Tradition
Businesses Want to Stay Ahead of the Curve
The high level of check integration in corporate accounting systems is a big reason why checks are still used.
Organizations are Ready for Change
The cost, speed, and certainty of a payment transaction are considered important factors for cross-border payments.
Business to Business (B2B) Transactions Check Usage is Declining
of organizations made their payments to business customers using checks.
While some organizations are using a “wait and see” approach, over 1/3 of organizations want to stay current and aim for early adoption.
Integration is Still Key
The electronic payments landscape continues to change, and businesses are reacting.
The world of electronic payments continues to change in many fascinating ways. Emerging technologies continue to impact the field, yet traditional payment methods are still trusted by some organizations.
Check Usage is Down
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Here’s what we know:
Electronic Payments Survey Report
Change Is Here
of survey respondents believe faster payments will have a positive impact on their organizations.