PYMNTS

OCTOBER 22, 2020

Old-school business-to-business (B2B) transaction methods like sending and waiting on checks and physical invoices are more difficult to stick with now that many offices are closed and financial teams are working from home. Clients are not the only ones causing slow payments. Businesses are also reexamining how they buy from each other.

Invoicing 63

Invoicing Foreign Exchange B2B Accounts Payable 63

PYMNTS

NOVEMBER 16, 2020

Across Asia, an ongoing boom in global eCommerce volume, coupled with a convergence of market conditions, has made cross-border B2B trade a booming business — and a potentially lucrative one for small and medium-sized enterprises (SMEs). One of the biggest challenges in cross-border trade for any kind of business relates to foreign exchange.

Foreign Exchange 56

Foreign Exchange Currencies Manufacturing B2B 56

PYMNTS

OCTOBER 4, 2019

million in the B2B eCommerce startup, MENAbytes reports said. The company said it will use the investment to develop new features for its B2B offering, with a focus on billing and invoicing. Funds and accounts advised by T. Clix Capital. Clix Capital launched after acquiring assets from GE Capital, reports noted.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

JANUARY 9, 2018

UnionPay International is expanding its support for cross-border B2B payments through an integration with wholesale eCommerce market Yiwu Market, based in China. The eCommerce market exports to the Middle East, Europe, Central and South America and Africa. According to a press release issued on Monday (Jan.

B2B 47

B2B Marketing Foreign Exchange eCommerce 47

PYMNTS

NOVEMBER 7, 2019

For consumers, many of these challenges include the need to support card transactions so users don’t have to manually calculate foreign exchange (FX) conversion rates. An announcement on Wednesday (Nov. are often a preferred payment tool for both sender and receiver.

B2B 40

B2B B2C Foreign Exchange Invoicing 40

PYMNTS

AUGUST 25, 2016

PayPal has only recently launched its B2B payments services through a few partnerships aimed at facilitating invoice payments. enables sellers to create a personalized account to receive cross-border payments into existing PayPal accounts. Reports on Wednesday (Aug.

B2B 40

B2B Foreign Exchange Invoicing Accounting 40

PYMNTS

NOVEMBER 2, 2018

Ersek explained that Western Union is leveraging its money movement platform to handle the complex foreign exchange and settlement process that gives Amazon the ability to tap into consumer markets in the 200 countries that Western Union serves. The percentage of invoices that are past due now stands at 41.8 percent per year.

B2B 49

B2B Foreign Exchange eCommerce Currencies 49