"More than 60 percent of businesses said in a recent Citizens Bank survey that they expect to stop using cash or paper check payments in the future, adopting real-time payments instead.
The nationwide survey of 252 corporate decision-makers found that 9 out of 10 business leaders reported an interest in real-time payments, according to Citizens Commercial Banking’s second annual Real-Time Payments Outlook.
“I’m encouraged to see the level of interest in real-time payments because it offers such tremendous advantages to businesses in terms of speed and certainty of payments,” Matt Richardson, head of product solutions at Citizens, said in a statement."