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From the Source: The Payments Preferences of Businesses

Tuesday, March 13
3:30 PM - 4:30 PM

Michael Parker, Treasury Cash Manager, OFS Fitel
Keith Payne, Principal, Cash Management and Short-term Finance, Southern Company
Spencer Shell, Vice President & Assistant Treasurer, ING US Insurance
Moderator: Jenny Johnson, Director, Sponsoring Organization Relationships, ECCHO

Checks are still the payment of choice for many businesses. According to the 2010 Fed Payments study, checks originating from businesses have declined at a much lower rate than consumer-originated checks. Find out first hand why check is still a valued payment type for businesses and just how they make their payments decisions.  Take advantage of the opportunity to ask the participants about their current and future payment strategies. Hear whether the industry should expect business check volumes to decline and whether mobile and other payment types are being considered in their plans.  Businesses will also share:

  • How and why they determine their payment mix
  • How they would like to interact with their bank(s) with regards to payments strategy
  • How recent economic conditions have impacted their payment decisions
  • What factors would cause businesses to re-think their current payments strategies