The movement to electronic payments has been steady over the years. Yet, Covid-19 may prove to be the catalyst that accelerates the shift to electronic payments. The need to carry out transactions at a distance while working remotely is leading businesses to rethink financial processes, and electronic payments are the answer. Take stock of electronic payment benefits and eliminate barriers that keep you locked in a manual world.
Discuss what’s next for your business. Connect with a commercial banking specialist to discuss our capabilities and solutions.
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[1] 2019 AFP Electronic Payments Survey Report, 2019.
[2] The 2019 Federal Reserve Payments Study, 2019.
[3] The State of ePayables 2020, Ardent Partners, June 2020.
[4] RPMG 2017 Purchasing Card Benchmark Survey.
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