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Get the full 2022 AFP® Digital Payments Survey report — or just check out the highlights — to help improve your treasury efficiency and take advantage of new business opportunities.
The future is digital
B2B check usage is down 9%1
With check usage on a rapid decline, for the first time digital payments have overtaken checks In North America2
What’s the certainty of businesses converting a majority of B2B supplier payments from checks to digital in the next three years?7
How’s ACH being sent?3
54% cite speed of payment as a primary driver in their choice of payment method4
Real-time payments: B2B transactions benefit the most5
Transforming to the ISO 20022 payments standard6
Respondents unfamiliar with ISO 20022 payments standard
Respondents consider ISO2022 payments standard valuable
Cross-border payments
Who makes them?8
How are they made?9
How are they received?10
Trends in systems integration11
Businesses are realizing cost savings and processing efficiencies by integrating their payments and accounting systems
2022 AFP® Digital Payments Survey Report: 1page 7, 2page 11, 3page 12, 4page 5, 5page 5, 6page 31, 7page 37, 8page 15, 9page 16, 10page 17, 11page 25.
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JPMorgan Chase & Co. Member FDIC. All rights reserved. The statements herein are confidential and proprietary and not intended to be legally binding. Not all products and services are available in all geographical areas. This material is not intended to provide, and should not be relied on for, accounting, legal or tax advice or investment recommendations.
Visit jpmorgan.com/disclosures/payments for further disclosures and disclaimers related to this content.
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