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B2B Payments Processor APS Payments Acquired By Repay

PYMNTS

together to grow B2B electronic payments, as businesses continue to implement new payment technology.”. The companies noted that APS’s offering will migrate to the Repay platform and continue to support ERP software integrations. We are thrilled to welcome the APS team into the Repay family and look forward to working.

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The Complicated Picture Of Banking Cannabis SMBs

PYMNTS

As the narrative goes, legal cannabis companies, often small- to medium-sized businesses (SMBs), are forced to rely on cash for both B2B and B2C payments.

Legal 78
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Twilio: 40% of Businesses Struggle to Balance Security and Customer Experience

The Fintech Times

While businesses continue to make progress in implementing artificial intelligence (AI) to power customer interactions, a lack of customer data continues to provide serious challenges for progress, new research from Twilio , the customer engagement platform, has revealed.

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Where Faster Payments Fits Between B2B Buyers And Suppliers

PYMNTS

.” On the other hand, he said, consumer-facing payment tools like Venmo are too simple for small businesses to deploy in their supplier payment operations. Businesses that embrace Venmo in their personal lives, as well as high-tech B2C payment solutions like Square, end up in the back office mailing paper checks.

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Amazon Business Adds Another EU Market To Roster

PYMNTS

The expansion of Amazon Business continues, this time in Europe. Amazon Business, the B2B commerce unit of Amazon, has launched in France, the company said on Wednesday (Feb. A press release noted that Amazon Business enables companies in these markets to procure goods online in their native languages. and Germany.

B2C 40
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Trade Credit: When ‘Status Quo’ Means It’s Time For A Change

PYMNTS

small businesses’ accounts receivable, as small businesses continue to sell to business customers on trade credit. Establishing predictable payment schedules can allow for small businesses to plan ahead for cash-flow squeezes or surges. trillion is now locked up within U.S.

B2B 53
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ACH Becoming The Mediator Between Conflicting AR, AP Needs

PYMNTS

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