U.S. Businesses Process 15.5 Billion Remittances Per Month

What's Next In Payments®
5:05 PM EDT August 30th, 2012

A NACHA study reports that U.S. business process 15.5 billion remittances per month through both domestic and international partners.

Excluding wholesale lockbox, just 14 percent of remittances are sent with payments, meaning businesses have 13.3 billion to re-associate, reports Finextra.

Read the full story here.

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