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E-Payments Still Rare, Slated to Grow

eMarketer: Businesses Not Yet Counting on E-Pay

Online payments aren't taking the world by storm, as once predicted during the first internet boom. Just under one percent of business-to-business payments will have been made via electronic means in 2004, up from about 0.51 percent in 2003. But a finance professionals group survey shows that about three quarters of prospective members indicate their firms are "somewhat likely" or "very likely" to begin to move in that direction. The larger the firm, the more likely they are to see electronic payment options as likely.

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