About four in 10 European companies are exploring the introduction of new payment methods, according to an AirPlus survey of 534 purchasing managers in the region.
The survey—which included purchasing managers in Austria, Belgium, France, Germany, Italy, Luxembourg, the Netherlands, Switzerland and the U.K.—showed that 38 percent of respondents already have introduced new payment methods to their companies, and 41 percent said they are considering it. Eleven percent of respondents said they had researched new payment methods but decided not to introduce them.
About half of respondents said they are exploring or introducing payment methods primarily targeting traveling employees, according to AirPlus.
Risk minimization was the top priority for European businesses in their payment tools, cited by 34 percent of respondents. That was followed by simplification of the payment process for employees and optimizing payment deadlines, each cited by 25 percent of respondents.
