Visa announces fintech partnership to help companies eliminate $33 trillion in paper checks

The advent of peer-to-peer payment platforms like Venmo helped popularize the "pushing" of payments in real time over the systems of Visa and Mastercard. Increasingly, tech-savvy companies are using push payments to get money to users in minutes. 

https://www.cnbc.com/2018/12/13/visa-announces-fintech-partnership-to-eliminate-33-trillion-in-checks.html