PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. The Coexistence Of Rails. Often, that means the cooperation of multiple rails at once.

B2B 119

B2B Payer Payments BNPL 119

PYMNTS

JANUARY 15, 2018

That rings especially true in the areas of B2B payments and cross-border payments, which are complex, require the movement of data along with funds, and often involve multiple parties that have to all be on the same page about a transaction. 145 billion: the value of cross-border B2B payments as of December 2017.

API 77

API B2B Same Day ACH Payment APIs and Integration 77

PYMNTS

NOVEMBER 10, 2020

Interest in faster payments is also on the rise for corporates, though their adoption of real-time payments won’t look the same as it does in the B2C world. For years, corporate treasurers and CFOs have operated in a batch payment world, grouping together high volumes of transactions to send via ACH or other legacy payment methods.

B2B 117

B2B Real Time Payments Value Added Service ISO 20022 117

PYMNTS

JULY 5, 2019

Companies in the business-to-consumer (B2C) space have historically relied on lockbox processing through a bank – or a series of banks, depending on their size. However, as check volumes are now on the decline, B2C companies are receiving payments from other channels, such as bill payment sites.

B2C 46

B2C Lockbox ACH IRS 46

PYMNTS

AUGUST 14, 2020

Disruption is hitting both the B2C and B2B arenas, and while it would seem they are two opposite ends of the spectrum, these ecosystems share commonalities in the kinds of trends that force sellers to modernize their market strategies. B2B eCommerce sales in the U.S. alone are expected to hit $1.2 trillion by 2021.

Treasury 118

Treasury Payment APIs and Integration B2B B2C 118

PYMNTS

JULY 10, 2020

And while payments tools indeed must be wary of the complex and ever-changing compliance requirements unique to the cannabis market, there is opportunity, he said, for the marijuana sector to eventually become a powerful influencer over other industries’ adoption of solutions like optimized B2B payment tools.

B2B 84

B2B Innovation Payments Non-Bank 84

PYMNTS

JUNE 18, 2019

Is it prime time for real time, especially for B2B? It’s a well-known fact, too, that corporate payments (the B2B kind) are ripe for digitization, and for a wholesale move away from the paper chase, where checks are still stubbornly tied to 50 percent of corporate transactions. Where We Stand In The US. RTP And RFP.

RTP 78

RTP P2P B2B RFP 78

PYMNTS

JUNE 15, 2018

With the B2B eCommerce market towering over B2C’s in terms of transaction value — Forrester Research estimates the U.S. 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. They want to combine them.”

B2C 40

B2C B2B Reconciliation Payment APIs and Integration 40

PYMNTS

JANUARY 8, 2020

Increasingly, business-to-business (B2B) companies working in the field and along supply chains are servicing their corporate customers, and seeking ways to accept payment upon delivery of goods and services. What B2B Businesses Need. Benefits For Payers.

B2B 56

B2B Mobile Payments B2C Payments 56

PYMNTS

OCTOBER 6, 2020

At least insofar as 2020 has shaped up, and especially where B2B payments have been concerned. Those platforms make it easier for buyers and suppliers to transact in a “consumerized” manner that echoes the simplicity of B2C commerce today. Improving the B2B Customer Experience. “April is the cruelest month,” wrote TS Eliot.

B2B 84

B2B Treasury Cross-Border Checks 84

PYMNTS

NOVEMBER 16, 2016

Their partnership will allow financial institutions to offer real-time and same-day ACH payments as a white-labeled solution, reports said. Linked2pay pointed to B2B payments as a particular area that could see positive disruption from faster payments initiatives. The company said Tuesday (Nov.

Real Time Payments 71

Real Time Payments Remote Deposit Capture Same Day ACH ACH 71

PYMNTS

OCTOBER 28, 2016

Whether through virtual payment technologies or faster payment initiatives, the B2B payments ecosystem has explored ways to accelerate the time it takes a buyer to pay its supplier. Others say late B2B payments are a reality, and instead, suppliers should access external financing to manage cash flow while they wait to get paid.

B2B 71

B2B Credit Cards Payments Same Day ACH 71

PYMNTS

OCTOBER 29, 2020

Much innovation in B2B has been focused on getting rid of paper checks. But as Barry McCarthy , president and CEO of Deluxe , said in an interview with Karen Webster as part of the ongoing series on B2B payments, it’s going to take a while. In B2B, said McCarthy, “we’ve started on a rapid journey to the new frontier of digital.

Checks 78

Checks B2B Payments C2B 78

PYMNTS

NOVEMBER 3, 2020

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. B2B Drives ACH Volume Up. and abroad.

Use Case 56

Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

PYMNTS

JULY 16, 2020

The evolution of B2B eCommerce has historically been driven by the effort to bring a consumer-like experience a-la-Amazon into the corporate procurement world. Yet using the consumer eCommerce framework as the launchpad for digitizing B2B trade isn’t always going to suit enterprise needs. It’s not an unfounded strategy.

B2B 59

B2B B2C Checks Payments Strategy 59

PYMNTS

JANUARY 15, 2018

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. A notoriously clumsy, friction-filled industry, B2B transactions must forge new paths to boost efficiency as businesses demand global solutions, speed and transparency.

B2B 55

B2B Same Day ACH Innovation NACHA 55

PYMNTS

APRIL 16, 2019

For B2B, it seems, the advent of the open API cannot come fast enough. In fact, as noted in the latest B2B API Tracker , a joint effort between PYMNTS and Red Hat , 25 percent of B2B transactions will occur through APIs by 2020. New applications should streamline those inefficiencies. In the U.S., Easier said than done.

API 71

API P2P B2B Payment APIs and Integration 71

PYMNTS

JULY 14, 2017

The report had some big news for B2B payments in particular: “Overall, the jury considers the business payments sector to have the best profit potential going forward,” the report stated. Disruptors in B2B payments have an opportunity to access larger profit margins, it continued, in a market less saturated than the B2C payments space.

ACH 46

ACH Same Day ACH B2B NACHA 46

Evolve Payment

JANUARY 14, 2025

Do they have a retail environment (B2C), or do they have the more traditional B2B payment process where the card is not present? Whether in a B2C or B2B setting , business owners tend to forget that administrative costs are just as important for reducing time and payroll costs as the actual fee itself.

Process 97

Process IRS B2C Credit Cards 97

PYMNTS

OCTOBER 2, 2019

As a result, he predicted that the entrenchment of faster payments will be a linear progression that moves from consumer-to-consumer (C2C) to consumer-to-business (C2B), then to business-to-consumer (B2C) to business-to-business (B2B). So, from the beginning, start with the individual consumer. Particularly in the U.S,

C2B 81

C2B Faster Payments Real Time Payments Lockbox 81

Nanonets

SEPTEMBER 28, 2023

​When it comes to b2b payments, there are a lot of different options and methods out there. That's why we've put together this comprehensive guide to making b2b payments. We'll cover everything from the different types of b2b payment methods to how to choose the right one for your business.

B2B 52

B2B Wire Transfer ACH Wire 52

Nanonets

SEPTEMBER 28, 2023

​When it comes to b2b payments, there are a lot of different options and methods out there. That's why we've put together this comprehensive guide to making b2b payments. We'll cover everything from the different types of b2b payment methods to how to choose the right one for your business.

B2B 52

B2B Wire Transfer ACH Wire 52

PYMNTS

JANUARY 12, 2017

The B2B realm may be somewhat slow in making the transition away from paper to manage receivables and, by extension, cash flow. But changes are afoot in B2B indeed, aided by technology, and some will appear more quickly than others. The year 2017 is all of two weeks old.

B2B 45

B2B Same Day ACH ACH Payments 45

PYMNTS

OCTOBER 14, 2019

The emergence of online shopping and eCommerce inevitably seeped into the B2B world, leading to rising demand for corporates to make purchases online the same way they do as consumers. The company first began with a B2B eCommerce platform designed for the buying and selling of corporate marketing products. APIs Open Opportunities .

B2B 56

B2B Payment APIs and Integration API B2C 56

PYMNTS

APRIL 19, 2016

In a press release , linked2pay noted that this payments gateway is geared toward both B2B and B2C merchants and can be used across ACH and credit card transactions. Chargent has been live since 2009.

ACH 41

ACH ODFI NACHA Fraud Prevention 41

EBizCharge

MAY 15, 2024

To better understand what and who is involved in these transactions, this article will dive into common business-to-business (B2B) terminology and payment methods. What are B2B payments? A reliable B2B payment system plays a pivotal role in the smooth operation of businesses across industries. How do B2B payments work?

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

PYMNTS

JULY 9, 2020

This week’s examination of the latest initiatives to target B2B payments friction from the ground up finds a mix of strategies. In a statement, Nium Global Head of Commercial Payments Sanjiv Razdan said that it is particularly important today for companies to have this B2B payment flexibility and a solution to optimize working capital.

ISO 20022 77

ISO 20022 Blockchain Cross-Border Cross-Border Payments 77

PYMNTS

NOVEMBER 22, 2016

And in the latest installment of Data Drivers, statistics show that the recently launched Same Day ACH initiative has got businesses, and consumers, moving to manage cash flow on a daily basis, across a variety of use cases. That’s the dollar value of Same Day ACH transactions that NACHA saw across the network through the month of October.

Same Day ACH 65

Same Day ACH ACH NACHA Direct Deposit 65

Tearsheet

OCTOBER 2, 2024

Morgan as an early adopter for its B2B virtual card offering. To discuss this development and its implications for the B2B payments sector, we spoke with two key figures: Stephen Markwell, Head of Product Strategy and FinTech Partnerships for Global Banking at J.P. This partnership comes at a significant time for B2B payments.

B2B 59

B2B Checks Payment APIs and Integration Push-to-Card 59

PYMNTS

DECEMBER 4, 2020

No matter what type of transaction is under discussion, whether it’s B2B or B2C, in the data-driven, post COVID-19 world, the expectations on both sides of every payment are changing. 25% : Share of B2B transactions handled by checks, ACH transfers and cash advances pre-COVID.

B2C 56

B2C ACH B2B On-Demand 56

PYMNTS

NOVEMBER 7, 2019

However, with cloud storage and computing a requirement for many businesses, with the surge of Software-as-a-Service (SaaS) and with B2C services like Amazon Prime embracing the B2B opportunity, recurring B2B electronic payments are an increasingly complex challenge for these service providers and the businesses paying them.

Cross-Border 40

Cross-Border B2B B2C Payments 40

PYMNTS

MAY 24, 2018

ACH, wire, virtual and physical cards, and other rails all come into the mix, particularly as each vie for a chance to take B2B payment market share away from paper. ” B2B sellers expanding into China, for example, have to support payments made via Alipay and WeChat, Levy explained. Paper checks may be the No.1

B2B 45

B2B Payments Zelle B2C 45

PYMNTS

APRIL 10, 2020

“I think one of the largest reasons [insurers are still using checks] is because claim payments, the paying out of a claim, is [a] loss of money, and it is really hard for companies to focus or invest resources in a place in which you are losing money already,” Michele Schmitt, senior product manager for B2B insurance technology firm Tr?v

Technology 79

Technology Legal Checks B2C 79

PYMNTS

FEBRUARY 16, 2018

While there’s been much hype surrounding venture capitalists’ growing attention on B2B FinTech, this year has largely been lackluster for the industry. This week, however, B2B startups enjoyed a solid moment of funding, as familiar names like Tipalti were joined by newcomers like Zervant to address an array of business finance needs.

B2B 49

B2B FinTech Blockchain ACH 49

PYMNTS

DECEMBER 3, 2020

It’s been well documented how reliant on paper checks B2B payments have been right up to and even into the pandemic — with a significant percentage of payments being done through those antiquated means. Those methods proved difficult to use, or even impossible to use, in the rapid shift to a work-from-home environment.

Mobile Payments 85

Mobile Payments Online and Mobile Banking Payments Issuers 85

PYMNTS

NOVEMBER 7, 2016

Such disruption and transformation can transcend use cases, said the executive, across B2B, B2C and P2P transactions. Conversely, added Galarza, “the B2B transformation hasn’t happened that fast” as the means are not quite there yet, having not been embraced by enterprise, which is still clinging to checks and ACH.

P2P 78

P2P Zelle B2C Venmo 78

PYMNTS

OCTOBER 31, 2019

With FinTech innovation yielding more choices than ever for both billers and payers, cost often emerges as the key driver behind what solutions users adopt — both in the business-to-consumer (B2C) and business-to-business (B2B) context. Brown pointed to the credit card transaction, for example, which can be quite expensive to process.

B2B 41

B2B Transactions Payer B2C 41