PYMNTS

JANUARY 6, 2020

At the same time, a shift to electronic payments causes more reconciliation challenges, so companies are spending more time reconciling and processing them than they do even for paper payments. If they don’t use automation, companies dedicate more people to the reconciliation challenge — but automation can significantly help.

Payer 52

Payer FinTech Reconciliation Automation 52

PYMNTS

DECEMBER 30, 2020

But this shift is only a fraction of the disruption B2B payments saw in 2020, with the year giving way to a boom in B2B eCommerce and shifts in business models that continue to alter the way businesses send and receive payments. The year 2020 opened up significant opportunities for businesses of all types to flex their business models.

B2B 119

B2B Payer Payments BNPL 119

PYMNTS

JANUARY 22, 2021

The feature will be available for both payers and payees, and it will offer live updates on the status of international payments at all stages of the fund transfer process, the release stated. The blog post notes TripActions has seen the adversity of the pandemic from 2020 and is prepared to re-enter business in a changed world.

B2B 66

B2B Payments Blockchain Payee 66

Stax

JULY 9, 2024

By the end of 2020, that rose to 78%. Between 2019 and 2020, there was an 8% rise in the number of consumers increasing their payment options to two or more types of digital payments. The adoption of digital payment systems in the US has grown, with 78% of consumers using at least one type by the end of 2020.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

PYMNTS

NOVEMBER 26, 2018

In addition to the diversity of payment categories, he added that transaction sizes for small business payers emerged with another unexpected trend in electronic payments. percent of incoming payments volume for B2B vendors by 2020 — up just 1.5 We have people paying Kaiser for health premiums, people paying Google for Adwords.”.

Commercial Card 68

Commercial Card B2B Small Business Push-to-Card 68

PYMNTS

JUNE 15, 2018

But the reconciliation, security, payment terms and buyer-supplier relationship do not mean one size fits all for B2B transactions initiated on an eCommerce platform. Electronic payment technologies may be more expensive to suppliers, but for more streamlined reconciliation, that extra cost is often worth the value.

B2C 40

B2C B2B Reconciliation Payment APIs and Integration 40

Nanonets

MAY 30, 2023

Looking to automate the mundane & mechanical Payment Reconciliation process? Try Nanonets ™ AI-based OCR solution to automate Payment Reconciliation in your organization!  Both payer and payee receive notifications of funds transfer, which makes it a dependable process. per check avoided.

Payment APIs and Integration 52

Payment APIs and Integration Credit Cards Online and Mobile Banking Payment Reconciliation 52