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Business Payments in Canada: A Trilogy of Surveys Point to Inefficiencies

Thursday, July 18, 2019   (0 Comments)
Posted by: Heather Miller

The global payments landscape continues to evolve in line with the commercial demands of businesses and their stakeholders. While resources devoted to payments processing by Canadian businesses are estimated to have declined proportionally in recent decades, survey evidence points to remaining cost inefficiencies.

This essay discusses common findings from three recent surveys on business payments processing in Canada, all of which point to lingering inefficiencies and businesses’ desire for change. 

Members>>Read on for the full story and to learn how Payment Canada's Modernization initiative is being used as a launch pad for enhanced payments processing efficiency in Canada. 

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