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Wielding Africa’s Mobile Penetration To Ease X-Border B2B Payments

PYMNTS

adoption is typically limited to contexts in which an individual may be making a purchase in a retail setting on behalf of a company: a professional on a business trip paying for lunch, for instance, or a delivery driver refueling while on the road. ” Driving Small Business Growth. In some markets, like in the U.S.,

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The Digital Payments Preferences That Cross The Generational Divide

PYMNTS

Cole said there continues to exist the “COVID-related phenomenon that’s happened to small businesses all over the country. Regardless of whether payments are B2B or C2B, he said the trend has been clear: “You want to be able to choose between which payment instruments you are going to be using at the time of your choosing.

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Fiserv On Why 2020 Is ‘The Year Of P2P’

PYMNTS

And in looking toward the evolution of real-time payments, he said it’s likely the movement will be from P2P to consumer-to-business (C2B) — especially in paying small businesses such as lawn care companies or car repair shops.

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Visa Logs 700M Visa Direct Transactions, Contactless Payments Surge

PYMNTS

Beyond C2B, the company continues to grow its B2B business, said Kelly, with new business in Singapore and Hong Kong for virtual cards. Visa Direct, said Kelly, has served B2B and small business transactions with over 700 million transactions in the fiscal first quarter of 2020.

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Avidia Entices FinTechs With Real-Time Payments

PYMNTS

In a press release , Avidia said it will soon on-board to real-time payments via The Clearing House , adding to its existing faster payment support that enables P2P and C2B push payments via payment cards. In 2015 Avidia announced the launch of its cloud-based payments solution via a collaboration with linked2pay.

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Today In Data: Financial Services, Data Management Concerns And Moving Zettabytes

PYMNTS

Today in PYMNTS’ data, financial services firms are moving electronic money and data, banks have major concerns about data management, multiple zettabytes of information are now produced on a global scale, consumers are more satisfied with features offered by large-format stores than small-format ones and ransomware is crippling small businesses.

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What Is An Online Merchant and eCommerce

Payment Savvy

Consumer-to-Business (C2B) C2B eCommerce reverses the traditional buyer-seller relationship. It occurs when consumers offer products or services to businesses. C2B platforms allow businesses to tap into a pool of talented individuals, freelancers, and influencers who can contribute their skills and expertise.

C2B 52