For one-time, low-value consumer payments such as refunds, rebates, incentives and claims reimbursement, the cost and effort involved in paying electronically can often outweigh the benefits. That effort includes contacting consumers to collect banking details and securely recording this information.
In a new report from the J.P. Morgan Corporate & Investment Bank, learn about how customer preferences, market trends and technology innovations are intersecting to enable payers to digitize B2B payments. This report reveals:
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