In 1999, the total number of EFT transactions through the ACH network totaled more than 6.2 billion (up 17% from '98), with a value of $19 trillion (up 7.4% from '98).
35% of retailers plan to begin using electronic checks within the next 5 years
-Leo Shapiro & Associates-
The cost of using electronic payment solutions is approximately 1/3 less than traditional paper-based methods
Application service providers can save companies approximately 30% or more while allowing them to focus on their core competencies.