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What is B2B Payments Processing and How Do You Implement It?

Stax

Business to business organizations provide services or goods to other companies, unlike business to consumer (B2C), which is when businesses transact with consumers (individuals). B2B vs. B2C Payments Despite the fundamental similarity that money is being given from one entity to another, B2B and B2C payments are quite different.

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How Instant Busts The Myth Of Float

PYMNTS

In many, if not most, business-to-consumer (B2C) payment contexts — insurance and payroll, for example — regulatory structures govern exactly when a payment has to arrive. On the other side of every story about float as a possible liquidity advantage for a payor, there is a payee for whom it is a major cash flow liability.

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NEW REPORT: How Smarter Payments Build Smarter, Safer Marketplaces

PYMNTS

The Tracker includes a data-rich Deep Dive that examines how faster payment systems are ushering in changes to the B2B and B2C payment markets. With services becoming available in such markets as the U.S., Smarter Payments Make Marketplaces Smart. However, change isn’t always embraced quickly by all.

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Seller Platforms And Digital Marketplaces Define B2B Payments For 2021

PYMNTS

The migration of the procurement and purchasing process to seller platforms and digital marketplaces will be a driving force into 2021, B2B payment leaders agree, and this trend will drive further change in both payer and payee expectations. For some B2C firms, that meant expanding into the B2B market.

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Accounts Receivable Realigns Its Focus To User Experience

PYMNTS

Harnessing scale will also become increasingly important for the future of B2B and B2C payments innovation, in the context of remittance payouts and beyond.

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Will Instant Payments Spur Healthcare Innovation?

PYMNTS

That’s not such good news on the business-to-consumer (B2C) or business-to-small-and-medium-sized-business (B2SMB) front, where checks still, more or less, dominate the landscape. Large providers, drug manufacturers and insurance firms have big innovations that are moving them away from checks. Cutting The Clutter Out Of The Process.

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Getting Invoices Off The CEO’s Desk, Approved — And Paid

PYMNTS

The pain builds up within the organization, and has ripple effects on suppliers, vendors and other payees, Webster noted, especially as payments are delayed. There are inherent differences between B2C and B2B transactions, he noted. In the case of the latter, B2B transactions are relatively complex.

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