The manufacturing sector is undergoing a significant transformation in its payment practices, with a growing emphasis on real-time payments.
In fact, instant payments have emerged as the leading method for business-to-business (B2B) transactions in the sector, with over 99% of manufacturers already utilizing real-time payments for their B2B transactions, surpassing other methods such as automatic clearing house (ACH) payments, wires, and checks. Overall, real-time payments account for 15%...
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