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Don’t want to upset because they’re critical to your supply chain.” frankovic said.Tailoring the payment . Mix to business needsbut virtual cards aren’t the only recent advance in bb payments. Real-time . Payments are another payment method that offers distinct advantages when compared to legacy mechanisms and . Methods, particularly in terms of speed and efficiency. As frankovic noted, real-time payments allow for . The instantaneous transfer of funds, /, including on holidays and weekends. This can be particularly . Beneficial for improving cash flow management and meeting immediate financial needs.

“I think as this next . Generation or two grows up and starts to enter the workforce, that’s when real-time payments . Will have a bigger and bigger role to play. Right lebanon whatsapp number data now, I wouldn’t say they . Are widely adopted at this point,” frankovic said.And as digital payments continue to evolve even . Further, he highlighted ai as a technology with the potential to transform the payments landscape. . While still in the early stages of development, ai could drive significant improvements in areas . Like supplier enablement and payment timing optimization, leading to greater efficiency and adoption of virtual .

Cards.“what I’m most excited about is the future of payments, how quickly it’s moving,” frankovic . Said. He believes ai will play a key role in advancing digital payments, helping businesses . Automate processes, enhance fraud detection and optimize payment strategies, all key capabilities when it comes . To the importance of tailoring the payment mix to the specific needs of businesses.As frankovic . Pointed out, the payments landscape is evolving quickly, and businesses need to be proactive in . Selecting the right payment methods and partners to stay competitive.