“The check is in the mail” is a catchphrase for: You’ll get paid — just don’t hold your breath wondering when. The check is but a promise to pay — and it really doesn’t amount to much until it hits the bank account and settles....
Although many industries aim to eliminate the friction associated with paper check payments, the digital transition can be a challenge. In the real estate business, for instance, recent PYMNTS data shows that landlords and property managers are still leaning hard on paper checks — not...
Interest in eCommerce channels and digital B2B payment solutions is rising, and digital-first commerce may soon outstrip in-person sales, along with the check and cash payments that come with them. Sixty-five percent of B2B companies now offer eCommerce sales capabilities that let customers pay online,...
While emerging technologies will play an important role in the supply chains of the future, having the ability to accept and reconcile check payments more swiftly is critical too. Checks still represent a thriving percentage of payments in the wholesale space, so it is difficult...
March 31, 2022
Wholesalers are racing to capture the attention and business of new clients with the industry set to expand — growth that could lead to new opportunities for distributors, especially as many look to move forward from the negative economic impacts of the global health crisis. However, distributors must move swiftly to ensure they can offer […]
March 16, 2022
When consumers receive a delivery from Amazon, they’ve prepaid online with a credit card. Commercial consignment works differently. When companies deliver a large quantity of commercial products — whether it...
March 08, 2022
It’s no surprise that consumers don’t always read the fine print. In the case of consumers using a bill-pay portal, that means that they may not read the instructions that...
February 22, 2022
The paper check remains stubbornly entrenched in daily life, eschewed by consumers but still a mainstay of business payments. However, a carrot-and-stick approach can optimize the transition to digital payments....
June 17, 2026
U.S. Bank clients can now access CheckAlt’s integrated receivables and payment processing solutions through the bank’s online marketplace. The marketplace, the U.S. Bank Connected Partnership Network, offers FinTech and other third-party payment and treasury solutions that are fully integrated with U.S. Bank systems, CheckAlt said in a Wednesday (June 17) press release. CheckAlt’s participation in […]
April 01, 2022
The global wholesale sector is expected to experience significant growth by the end of 2022, but late payments continue to be an issue that continually leads to cash flow problems....
February 11, 2022
This year could be a good one for the property management industry, with 80% of industry professionals polled in a recent survey saying they anticipate revenue growth in 2022. All...
September 15, 2021
Property management technology startup Zego, powered by PayLease, is teaming up with payment processing firm CheckAlt to help property managers end the paper chase that comes with on-site payments, according...
