Briefing

B2B Payments: A Gradual Shift from Checks to Electronic Payment Methods


Abstract: Over the past decade, U.S. businesses have increasingly used electronic payment methods for business-to-business (B2B) payments and reduced their use of checks. Nevertheless, almost 90 percent of businesses still use checks for at least some of their B2B payments.

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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Payments System Research Briefing

Publication Date: 2026-09-18

Pages: 6