Upfront: Check Payments to Bow Out?

Topics:
Commercial Banking
Tags:
Check 21,
Penton Media Inc.,
Payment,
Operational Accounting,
Management,
Globalization,
Financial Services,
Finance,
Electronic Payment,
Strategy
Source:
Penton Media

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Overview: This article depicts about a research which reveals that a combination of electronic payment types are poised to replace the check as the primary vehicle for transferring funds between two commercial parties. The research cites several factors that signal the approaching demise of check payments, including recent Federal Reserve estimates of noncash payments, major corporate surveys, the passage of Check 21 and globalization.

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Format: HTML | Date: Apr 2005 | Pages: 2

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