Tag: Digital Disbursements

It Is When, Not If Your Commercial Bank Will Offer Digital Disbursements

Electronic Digital Dispursements

While the eulogy for checks has already been written, the pallbearers are now in place. This week, Bank of America launched Digital Disbursements, a new payment application that allows organizations to make payments to customers or vendors digitally instead of issuing a check. This is a person-to-person application restructured for organizations such as small businesses, middle market companies, larger corporations, non-profits and municipalities.

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