Today In Data: Digital Payments Take Two Steps Forward, One Step Back
That digital payments are moving forward fast is inarguable at this point. You can see it in the explosive growth of P2P payments in the U.S. and around the world, and in the rapid onset acceptance and use of contactless payments. But for every advance forward, there are still lead weights that seem to be holding the increasingly digital world in its analog roots – the most notable offender being B2B. Sure, payments are getting more digital, but the paper check has remained a stunningly persistent player. 