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DraftKings’ Monthly Unique Payers Surges 64 Pct Amid Rise In Gaming 

PYMNTS

13) as part of its Q3 results that Monthly Unique Payers (“MUPs”) for its business-to-consumer (B2C) operation surged 64 percent in contrast to Q3 2019. In a sign of a continued rise in gaming amid the pandemic, DraftKings Inc. reported on Friday (Nov.

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PayPal: Taking On Corporates’ B2C Payment Pain Points With Digital Wallets

PYMNTS

The rise of the gig economy and new business-to-consumer (B2C) models have expanded corporates’ global disbursement needs, which come with their own unique set of challenges. ” Examples of B2C payments are vast: Magats pointed to Citi working with clients in the airline industry, which must issue baggage vouchers.

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Gaming Platform DraftKings Partners With InComm Payments For Retail Gift Cards

PYMNTS

13) that Monthly Unique Payers (“MUPs”) for its business-to-consumer (B2C) operation surged 64 percent in contrast to Q3 2019. DraftKings is expanding its reach with physical distribution and brand presence to the most frequently visited retail chains across the country, spanning convenience, pharmacy and general merchandise partners.

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Optimizing B2B eCommerce Payments From The Moment Of Onboarding

PYMNTS

Markus Hansson, chief product officer at Sweden-based Payer, recently spoke with PYMNTS about how the process of onboarding a new B2B customer must be optimized to ensure that a successful payment occurs — and that customers return. That's one thing where B2C selling merchants can learn from B2B selling merchants.

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NY’s Cuomo Embraces Online Gambling; Shows Inroads Amid Pandemic

PYMNTS

DraftKings said in its latest earnings report that monthly Unique Payers for its business-to-consumer (B2C) operation surged 64 percent in contrast to Q3 2019. Drilling down a bit, companies such as DraftKings, a sports betting operator, were up by as much as 8 percent on the day, closing up nearly 3 percent for the session.

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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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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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