PYMNTS

Fed Raises Check Fees as Businesses Keep Writing Them

Paper checks remain a way of life for some of the businesses where banks have the most room to convert supplier payments. Small- to medium-sized businesses (SMBs) operating for at least 20 years made 54% of their vendor and supplier payments by check, the PYMNTS Intelligence report “Ready for Change: Why Nearly Half of SMBs […] The post Fed Raises Check Fees as Businesses Keep Writing Them appeared first on PYMNTS.com.

By PYMNTS

1 min read
Fed Raises Check Fees as Businesses Keep Writing Them
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