(Infographic) Why Use Electronic Payments?

Businesses are beginning to seek ways to pay vendors electronically as these methods are less expensive than paying by paper check, can be precisely timed to manage outgoing cash flow, and have a relatively low risk of fraud (compared to checks). While there is a lot of buzz around the different forms of electronic payments, it is often unclear how businesses can take advantage of those options. This infographic shows you all the electronic payment options available to your business today and some considerations for evaluating the use of each.

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