As businesses modernize, payment mechanisms are among the last aspects to be taken into consideration. When staff and suppliers are paid, many businesses still take a last century approach, relying primarily on check payments – some even resort to handing out cash. Despite the financial world’s best efforts, and the government aim to reduce reliance on cash and checks, check usage remains hard to kill off.
Speeding Up with ACH
Automated clearing house (ACH) payment infrastructure may be the....