New platforms to help businesses simplify/digitize payment processing
by Jack Large
Transactis & Cash Flow Solutions combine; new Santander® Enterprise Payment Link
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Lockbox Bill Collection
Background
Lockboxes were first developed in North America to accelerate cheque collection. Banks set up lockboxes in each of the major postal regions in the US to minimise the 'in-the-post' float time. The cheques were then read by the bank and the monies cleared and settled as fast as possible. Lockbox… Read more about Lockbox Bill Collection
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