BASIS POINTS: Use of E-Payments Rising
February 2, 2011
Companies are going paperless. A new study found they'll double their use of e-payment vehicles such as p-cards, ACH transfers, and electronic funds transfers over the next three years.
Decline in Check Volume Accelerates | Source: The Big Fat Finance Blog.























I believe that e-payment is
I believe that e-payment is a good technical way in the bits and bytes of how payment systems work, yet lacks the real-world applications, value propositions, and financial information on why some payment systems work and many others are complete failures in the real world. Technology is only one segment of the payment arena. - lead generation
No Crystal Ball Necessary
Given the massive growth of e-commerce at the consumer level I feel like this is hardly a surprise. I think this trend may even more than double in the next three years dependent upon the willingness of foreign companies are to convert to e-payment methods. Online payments, even at the consumer level, are almost non-existent in Japan where everything is done via bank transfers.