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… that Canadian businesses still use credit cards, cash and cheques as top payment methods. The trio discusses how we …

… cent reduction in cash use and a 19 per cent reduction in cheque use. There is also a need to support the increase in … in the event of an audit. One of the reasons businesses use cheques is because there is a paper trail that they can rely … this lack of detail. It’s because of this dependency that cheques remain a dominant payment method for small and …

… Report , Canadian businesses are writing fewer and fewer cheques while expanding the range of digital payment options … to their customers. In 2021 there were 546 million fewer cheque and paper items exchanged than in 2014, a decline of … only take traditional payment methods like cash and cheques, they run the risk of eliminating a group of …

… details on cost savings due to anticipated reduction of cheque usage -- as ISO-enabled payments provide the potential of replacing cheques -- are also captured in the study. This is the third …

… rich payments that meet cost and timing needs. Reliance on cheques is greatly diminished because the myriad of information businesses pull from cheques will now be in the payment message itself, along …

… there's always a long tail on these things. We talk about cheques a lot. We're seeing a pretty significant decline in cheque writing, personal cheque writing. There's still a significant number of …

… and support the move away from paper-based invoicing and cheques. Canadian businesses need to ready themselves for … debits, direct deposits, bill payments, wire payments and cheques For media inquiries, please visit the  Media Centre . …

… facilitate the transition from paper-based invoicing and cheques to digital processing for these functions. Accenture … debits, direct deposits, bill payments, wire payments and cheques About Accenture Accenture is a leading global …

… volume and value each grew by 13% year-over year Cash and cheques declined nine per cent and six per cent respectively … to decline, a trend that accelerated during the pandemic. Cheques account for a small fraction of the total payment … debits, direct deposits, bill payments, wire payments and cheques initiated and received by Canadians and Canadian …