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Greenwich Associates: Alternative Payment Platforms Process More Than 25% of Commercial Payments
May 03, 2023
STAMFORD, Connecticut, May 3 (TNSres) -- Greenwich Associates, a division of CRISIL, issued the following news release:

More than a quarter of the world's commercial payments and almost 30% of receivables now flow through nonbank or fintech alternative payment platforms.

Alternative payment "rails" like Venmo, Zelle, and Paypal, are gaining popularity among large and small companies around the globe as executives become more accustomed to using convenient . . .

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