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Day: January 29, 2008

EIPP and Card vs. ACH

This Guest Post is from Will Donovan of Paystream Advisors of USA There’s been some recent discussion at PayStream surrounding EIPP on the receivables side and payment channel issues. The question: Does/will EIPP drive ACH adoption, thus intruding upon middle-tier B2B electronic payments, an arena that credit-card companies have dominated. ACH payments is a problematic process, and B2B card use mitigates many of these problems – Cards provide instant, although expensive, access to supply chain finance – Card payments are guaranteed by an FI – Cards are always “push” and never “pull” payments, which larger corporations may object to –…