People often ask me, “Hey Mike, when do you think checks will disappear as a form of payment?” This is a good question; not just because companies like mine are focused on helping other companies Leave the Check Behind, but because checks are costly; they consume natural resources; they are subject to fraud; and they [...]
Showing all posts by Mike Kresse
Waste Not, Want Not: Leaving the Check Behind
“If you line up the 30 billion checks issued by the top check writing countries in the world each year, you’d have a paper trail all the way to the moon and back.” The following video contains statements such as these that truly make us wonder when we are going to finally leave the check [...]
The Role of ISOs in Leaving the Check Behind
When we think about Leaving the Check Behind, many people do not realize what a critical role Independent Sales Organizations (ISOs) play. Card payments, and in particular single use virtual card payments, continue to be a highly viable alternative to paper checks for Accounts Payable payments. With B2B payments accelerating, and with Buyers realizing more [...]
