Survey: Businesses see instant-payment networks as way of future

A NEW SURVEY released by Citizens Bank found many businesses that haven’t done so already are considering setting up instant electronic-payment networks with their banks. / BLOOMBERG NEWS FILE PHOTO/SCOTT EISEN
PROVIDENCE – If they haven’t done it already, 41% of businesses are setting up “real-time” payment networks or are discussing it with their banks, according to a new survey from Citizens Bank’s Citizens Commercial Banking brand. The survey of 150 businesses, ranging in annual revenue from $10 million to more than $500 million, found that…

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