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Media Coverage

Payments News

July 10, 2007

CashEdge Sees Steady Growth of Online Payment Adoption By Small Businesses

CashEdge has announced that "CashEdge usage data for online payment, invoicing and collections during 2006 and through the first quarter of 2007, reflects the growth in adoption that was predicted by BAI's Small Business Payment Strategies research study in 2006, Aite Group's April 2006 survey of small businesses, and CashEdge's 2006 Small Business Survey. In June 2006, Bank of America became the first U.S. bank to offer electronic invoicing presentment and payment (EIPP) to small-business customers (through its Online Business Suite) and reports that the service has been extremely successful."

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