As part of its efforts to update its accounting processes, Microsoft stops accepting checks. The company informed customers that it will no longer allow checks as payment.
The computing behemoth informed direct-bill partners using its Cloud Solution Provider (CSP) program in the US and Canada in an advisory(opens in new tab), which The Register(opens in new tab) has discovered, that it would stop accepting checks as of the end of this month.
Microsoft will discontinue offering check payments on new commerce invoices as of October 1, 2022. Only the United States (including Puerto Rico) and Canada are impacted by this change, according to the notice.
Microsoft stops accepting checks.
Microsoft continued by saying that starting on October 1, it will no longer include information on how customers can pay by check. This is on invoices it issues. And that all new and prospective partners will only be permitted to send payments to the company via wire transfer.
The corporation hasn’t specifically stated why it’s making the adjustments now. Although check payments have been progressively falling in recent years as more and more customers choose online options.
Microsoft’s decision to switch to more efficient procedures has reasons. Driven by the expenses associated with manually processing checks. And also by the considerable time it takes for them to go from one account to another.
Customers of Microsoft are currently dealing with price increases on several of its most well-known products.
The company revealed its first “substantive” price increase for Office 365 in March 2022. Businesses expect to pay extra when it comes time to renew their licenses, depending on how many employees they have.
Additionally, it announced in April 2022 that non-profit organizations will have to pay more for the Microsoft 365 suite, with certain packages seeing increases of almost 30%.