Small Business Transfers — Employee Direct Deposit and B2B Payments
Small Business Transfers enables financial institutions to offer easy and secure direct deposit and B2B payment services that provide greater value for customers and generate new revenue streams for the institution. With Small Business Transfers, your small business customers can easily make payments from their business accounts to their employees’ accounts and to the accounts of other businesses such as vendors, suppliers and service providers. These transfers can be one-time, recurring, or future-dated to meet each business’s individual needs.
“The use of banking web sites by midsize and small companies almost doubled over the past two years.”