paper check

A paper check is a form of payment that draws money directly from a checking account. The “payer” -- the writer of the check -- writes the name of the “payee” on the “pay to the order of” line and signs the check on the signature line.

(source: smallbusiness.chron.com)

Canada Post Strike Is Bad News For SME Payments
Canada Post Strike Is Bad News For SME Payments
August 29, 2016  |  B2B Payments

Canada Post is ready to strike, and that could mean significant disruptions to small businesses making and receiving payments. Reports on Friday (Aug. 26) said...

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Lifting The Veil On Virtual Cards’ Shortcomings
Lifting The Veil On Virtual Cards’ Shortcomings
August 17, 2016  |  B2B Payments

Here’s a dirty little secret about the B2B payments industry that Finexio CEO Ernest Rolfson told PYMNTS: Virtual cards are a letdown. Virtual payments are supposed...

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Giving In To Corporates’ Paper Check Demands
Giving In To Corporates’ Paper Check Demands
August 09, 2016  |  B2B Payments

Last week, payroll and accounting software company Patriot Software announced that it would now be letting its clients, often accountants, print their own checks when...

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Finexio Nabs Funding To Fight Paper In Virtual B2B Payments
Finexio Nabs Funding To Fight Paper In Virtual B2B Payments
August 09, 2016  |  B2B Payments

According to B2B payments startup Finexio, about half of B2B payments in the U.S. are conducted via paper check due to high fees associated with...

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Patriot Yields To Corporate Demand For Paper Checks
Patriot Yields To Corporate Demand For Paper Checks
August 05, 2016  |  B2B Payments

Accounts payable and corporate payments solutions providers are adamant about getting rid of the paper check, known to be a cumbersome, slow and expensive way...

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US Bank/Sage Partner To Expedite AP
US Bank/Sage Partner To Expedite AP
July 25, 2016  |  B2B Payments

Starting a small business can often be a crash course in accounting, especially with so few entrepreneurs actually having any background or expertise in financial...

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A Reality Check For B2B Payments
A Reality Check For B2B Payments
April 26, 2016  |  B2B Payments

In a perfect world, some might argue, paper checks wouldn’t exist. Payments would be fast — instant even — and accounts payable and accounts receivable...

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Where Commercial Cards Are Just A Means To An End
Where Commercial Cards Are Just A Means To An End
April 20, 2016  |  B2B Payments

Developers of accounts receivable technology have a lot on their plates these days. Not only do they have to keep up with the in-house tools...

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