PYMNTS

AUGUST 8, 2019

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. Paper checks are familiar, especially to smaller businesses, and can support a longer cash float. Which will come out on top?

Accounts 57

Accounts ACH B2B Payments 57

PYMNTS

SEPTEMBER 14, 2017

In some ways, the app is a reflection of existing corporate payer needs. For example, Mugford explained that the app, and the rest of AscendantFX’s services, can support an array of payment rails based on payer and payee preference. It’s whatever payment rail the user decides.

B2B 55

B2B Payment APIs and Integration Due Diligence Payer 55

Stax

MARCH 14, 2024

Business to business organizations provide services or goods to other companies, unlike business to consumer (B2C), which is when businesses transact with consumers (individuals). Business to business payments, therefore, refer to the payment processes and activities between two businesses.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

NOVEMBER 19, 2019

Commercial payments company WEX has announced a partnership with order-to-cash solution provider Billtrust in an effort to address accounts payable (AP) friction for its clients. 19), Billtrust said WEX is joining its Business Payments Network (BPN). This will enable frictionless payments to the suppliers of WEX customers.”

B2B 51

B2B Payer NOV Reconciliation 51

PYMNTS

JULY 6, 2020

The Clearing House’s Waterhouse added that “I do think we’ve actually turned the corner on paper, which [we’ve] been stuck with where it was 50 percent of business payments.”. Waterhouse said necessity caused by the pandemic has pushed both businesses and consumers to embrace digital payments instead.

Instant Payments 59

Instant Payments ACH PayPal Payments 59

PYMNTS

SEPTEMBER 19, 2019

This week, Mastercard announced plans to modernize its B2B payment ecosystem with Mastercard Track. The Mastercard Track Business Payment Service is said to be the first global open-loop commercial service created to automate payments between the world’s buyers and suppliers. With innovation comes new challenges.

B2B 53

B2B Innovation Real Time Payments Same Day ACH 53

PYMNTS

JANUARY 8, 2020

Horling said that one of the greatest benefits of collaborating with FTNI is its ability to ensure that transaction data is integrated into customers’ back-office accounting platforms and other portals — another key demand of B2B businesses. Benefits For Payers.

B2B 56

B2B Mobile Payments B2C Payments 56

PYMNTS

AUGUST 7, 2018

Formerly known as the Remittance Coalition, the Federal Reserve Bank of Minneapolis’ Business Payments Coalition is relying on corporate collaboration to promote the adoption of electronic B2B payments. Providing payers with this information could make it easier for them to quickly and efficiently pay their suppliers.

B2B 40

B2B Federal Reserve Payee Payer 40

PYMNTS

JUNE 15, 2018

trillion by 2021 — the business-to-business payments market is primed for disruption. 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. market will grow from $889 billion by the end of 2017 to $1.2

B2C 40

B2C B2B Reconciliation Payment APIs and Integration 40

PYMNTS

JUNE 11, 2020

Supporting the digitization of B2B payments via virtual card or Automated Clearing House Network (ACH), for example, introduces the new challenge of ensuring that vendors can accept those payments. A growing point of B2B payments friction in the cross-border transaction space lies in the management of payment instructions.

B2B 52

B2B Payee Cross-Border Small Business 52

EBizCharge

MAY 15, 2024

Business-to-business payments play a crucial role in commerce by allowing companies to process payments with each other using specific payment methods and key players to facilitate these transactions. Here we will dive into the prevalent B2B payment methods in today’s modern commerce.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

PYMNTS

JUNE 5, 2018

When Sage announced the collaboration late last month, the company also highlighted its own research, which found small businesses can waste up to 120 days on administrative tasks and up to 15 days on chasing late payments. But change is happening.

B2B 46

B2B PayPal Payments Payee 46

PYMNTS

MAY 31, 2018

Originally debuted in 2004 and revised in 2013, it is intended to serve as a common platform for payments messaging between systems in the financial industry. It recommends converting credit and debit transactions into ACH transactions, and offers standardized guidance for translating ACH reject/return messages.

ISO 20022 40

ISO 20022 ISOs Interoperability NACHA 40