Remove Addressing Remove B2C Remove Payments Tools
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How Cannabis Can Become A B2B Payments Innovation Influencer

PYMNTS

Speaking with PYMNTS, Muller highlighted the opportunity that the cannabis space has to adopt payments and other financial technologies that have leapfrogged over legacy solutions. For marijuana businesses, with compliance a critical yet challenging factor, these payment rails don’t always adequately address the needs of the sector.

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Taking The Good Of B2C Payments ? And Leaving The Bad ? For B2B eCommerce

PYMNTS

With the B2B eCommerce market towering over B2C’s in terms of transaction value — Forrester Research estimates the U.S. trillion by 2021 — the business-to-business payments market is primed for disruption. This is particularly true as payments accelerate. The B2B eCommerce payments industry is slated to see a $2.77

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How New B2B Payment Models Tackle The Buyer-Supplier Conflict

PYMNTS

Corporates want to delay payment as long as possible in order to better manage cash flow, while suppliers are pressed to accelerate accounts receivable to strengthen their own cash positions. A variety of B2B payment tools have stepped up their efforts to address this friction. New Payment Models Emerging.

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Blockchain Makes Headway Over Legacy X-Border Rails

PYMNTS

And still for others, like InstaReM, payments innovation involves a mix of infrastructure. Below, PYMNTS rounds up the top stories in payment rail innovation. While bank transfers may digitize a B2B transaction between a cannabis company and its vendors, there are opportunities to add value onto payment rails like ACH.

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Where Faster Payments Fits Between B2B Buyers And Suppliers

PYMNTS

“They either stuffed envelopes with checks and licked stamps or they used their bank’s bill payment tool — which is too simple and archaic.” For many small businesses, invoice payment options are vast, but few actually fit their needs, according to Bar. ” Finding A Middle Ground. The result?

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NEW REPORT: A Platform To Give Merchants A Global Payments Assist

PYMNTS

As more customers engage in cross-border trade, the pressure is on merchants to meet the demand for convenient payment options. In an effort to meet the changing demands of a growing consumer base, several FinTech players are offering new payment services to address the payment needs of all types of merchants.

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Finding The Right Fit For Cross-Border B2B Payments

PYMNTS

The expansion of traditionally consumer-focused FinTechs widening their solution scope to include B2B payments tools exemplifies just how massive the opportunity is for service providers to tackle friction. However, he noted, global payments friction runs rampant.