article thumbnail

Anticipating B2B Payments Evolution With B2C Payments Trends

PYMNTS

According to Viewpost CEO Max Eliscu, B2B payments often follows in the same footsteps as B2C. Paper invoicing and checks are well on their way out in the consumer setting, and more businesses across the spectrum are beginning to follow suit with transactions among their trading partners.

B2C 41
article thumbnail

Flywire: ‘I Wish For Embedded Payments To Become Ubiquitous In 2021’

PYMNTS

Most of the examples we know of today are on the B2C side. That’s no surprise, given the pace of innovation in B2C versus B2B payments over the years. This enables overseas customers to be invoiced and to pay in their local currency while allowing the biller to reconcile those receivables in its financial system of record and currency.

B2C 70
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How Subscriptions Complicate Cross-Border B2B Payments

PYMNTS

However, with cloud storage and computing a requirement for many businesses, with the surge of Software-as-a-Service (SaaS) and with B2C services like Amazon Prime embracing the B2B opportunity, recurring B2B electronic payments are an increasingly complex challenge for these service providers and the businesses paying them.

B2B 40
article thumbnail

How Bank Debits Are Driving Subscription Commerce Growth

PYMNTS

6) what it calls the first global network for bank debit — a tool that could not only bring fresh energy to B2C-focused recurring payments, but B2B transactions as well. Swedish and Danish currency. In addition, invoices, while often regular, are not exactly a monthly gym membership fee that costs the same every time.

Banking 40
article thumbnail

How False-Positives Complicate The B2B Payments Fraud Fight

PYMNTS

This isn’t merely an issue for the B2C world, however. In accounts payable and accounts receivable, rising fraud mitigation efforts may also lead to more false positives, leading to declined commercial card transactions, misplaced suspicion between buyers and suppliers, delays in invoice processing and more.

B2B 73
article thumbnail

How Saas Providers Can Tailor Subscription Payments For Emerging Markets

PYMNTS

SaaS providers must understand each market’s cultural differences, tax considerations and preferred payment methods, according to Rob Charlebois, executive vice president of global eCommerce and digital marketing for Corel , a B2B and B2C graphics and word processing software subscription company. .

article thumbnail

Cybersecurity Unicorn Steals The B2B Investment Show

PYMNTS

While Telr, based in Singapore and India, provides front-office B2C payment solutions to its business customers, the company has also grown a presence in the back-office, with cash management and logistics solutions linked into its overall offering. Telr also offers payment APIs and supports transactions in multiple currencies, it explained.

B2B 61