Digital payment methods are rapidly becoming the norm in the private sector. Transactions involving cash and checks are still a major factor in these business deals, but B2B (business-to-business) payments are making their way into businesses across the country at a rapid rate. Electronic fund transfers and direct deposit are quickly becoming the way of the world.
CardConnect has provided an infographic explaining the emerging trends in the B2B payment world. To learn about them, please see the accompanying guide.
Visit CardConnect’s website for more on merchant payments