B2B Payments After COVID-19: Could Rising Electronic Payments and API Usage Finally Kill the Paper Check?

B2B Payments After COVID-19

All businesses have sustained some short of shock by the COVID-19 pandemic…there are just those that have already switched or are in the process of moving to electronic payments to make their processes more or less digitized.

Jim McCarthy, President of i2c Inc. and special guest of a recent PYMNTS Trend Talk series, said that the companies that had already implemented “electronic invoicing, electronic bill payment remittances [not only the front end of their business but the back end as well].

For a global, ecosystem of payments – were in a better position to weather the initial hit and are more likely to feel confident about making it through.”

Click below to watch the Trend Talk video in its entirety:

 

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i2c Inc.

An award-winning global financial technology innovator powering credit, debit, prepaid, core banking, and money movement solutions, i2c unifies banking and payments in an all-in-one platform, transforming product personalization with a customer-centric architecture and accelerating speed-to-market with composable building-block solutions. Financial institutions and fintechs globally trust i2c to help them quickly and efficiently configure and scale differentiated financial offerings in an evolving, competitive market. Powered by innovation and driven by trust for more than 25 years, i2c blends modern ingenuity with expert reliability to supercharge exceptional banking and payments experiences for millions of users and billions of transactions worldwide.

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B2B Payments After COVID-19: Could Rising Electronic Payments and API Usage Finally Kill the Paper Check?