Some alternatives to checks include electronic funds transfer (EFT), which allows for direct bank-to-bank transfers of funds electronically. Online payment platforms like PayPal and Stripe offer secure digital payment solutions that facilitate transactions without the need for physical checks. Mobile payment apps such as Venmo and Cash App enable individuals to send money quickly using smartphones, bypassing traditional banking processes.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.
