News

SURVEY: U.S. businesses move away from checks

Alternative payment methods increase as merchant use of corporate cards rises.

October 23, 2006

Visa USA's Cash Management Survey reveals that two-thirds of U.S. businesses are turning away from checks. Instead, merchants are exploring alternative-payment methods to increase their cash-management efficiency.

The study was conducted by Survey.com during 10 days in August and includes responses from 400 financial executives and cash managers in more than 20 industries.