Small Business Clamors for P2P

Wolfe, Daniel
October 2010
Bank Technology News;Oct2010, Vol. 23 Issue 10, p22
Trade Publication
The article reports on the plans of Bank of the West to modify Cash Edge's PopMoney applications to create a small business payments tool in the U.S. It states that the automated clearing house (ACH) payment service can make costly wire transfers unnecessary as part of a new online banking platform for small business. Meanwhile, the new version of the system will allow business to create invoices that can be paid through Popmoney.


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