The End of Paper Checks
Why US businesses are finally ditching the checkbook for ACH and digital wallets.
By Mike Brown · Payments Specialist
· 1 min read
Payments
The US is one of the last holdouts for paper checks in B2B transactions. But the tide is turning. Checks are slow, expensive to process, and prone to fraud. Digital payments are faster, cheaper, and more secure.
Check Fraud is on the rise. Switching to electronic payments eliminates the risk of checks being intercepted in the mail and washed.