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How Governments Navigate ACH Payments Innovation

PYMNTS

As local- and state-level government entities continue to run, it’s not business as usual for the public sector — particularly in the way these entities make and receive payments. As a result, it’s placing greater pressure on government entities to digitize payment acceptance capabilities.

ACH
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Bureaucratic Fuel Is Pushing B2B Payments Toward Digital

PYMNTS

Spanish authorities recently launched an online platform that government contractors can use to submit electronic invoices. Other European countries — for instance, Italy and Germany — have taken similar steps, and the European Union is backing that push toward more digitization for B2G and B2B invoicing and transactions.

B2G
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Finablr’s BayanPay Awarded Payments License From Saudi Authority

PYMNTS

We look forward to supporting SAMA in pursuit of their vision to promote innovation in the financial sector as we work toward shaping the future of the digital payments landscape within the Kingdom.”. The business product is a digital payments gateway and services aggregator for B2B, B2C and B2G businesses in Saudi Arabia.

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Pix Goes Global: PagBrasil Enables Pix Payments for Tourists and Businesses

The Fintech Times

Introduced in 2020 by the Central Bank of Brazil , the Pix digital payment system has become one of the most used payment methods in the country with over 164 million users. It’s worth highlighting that Pix also supports B2B (business-to-business), P2G (person-to-government), and B2G (business-to-government) transactions.

B2G
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UK Setting The Wrong Example In eProcurement, Says Think Tank

PYMNTS

Industry experts agree that government policy can often be the catalyst to adoption of payments and finance technology in the private sector. is now in the midst of readying for an eInvoicing mandate, a move regulators say will help small businesses manage their cash flow and improve visibility into B2B and B2G transactions.

B2G