Small Business Payments Toolkit Encourages Use of Electronic Payments

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The Remittance Coalition released the first volume of the Small Business Payments Toolkit, an educational resource to help small businesses learn more about payments. The toolkit is intended to encourage the adoption of electronic business-to-business payments and remittance information exchanges by small businesses. It explains payment types, describes electronic payments like automated clearing house (ACH) transactions, offers advice on working with bankers, and provides tips on avoiding payments fraud. It lists resources for further information and education on payments. Feel free to share this practical guide with your small business clients. The Toolkit is intended for public use, is not copyrighted, and can be shared and linked.

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