Deep Dive: Why State And Local Agencies In The US Still Struggle With Instant Payments
PYMNTS
JANUARY 24, 2020
Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. Some reports put the cost of cutting, mailing and processing checks at nearly $8 per instance — a hefty price for those required to send out thousands, if not millions, of these payments each year.
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