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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 financialsystem of record and currency.
Unlike B2C eCommerce, B2B transactions require heightened visibility within supply chains — the ability to move large sums of money at set times, generation and management of invoices, purchase orders, payment contracts and more. Betting On Blockchain. Dibachi explained that the company deploys the technology in three key ways.
However, accounts payable (AP) service providers have more on their plate than simply making it easier for companies to pay their invoices digitally. For example, the B2B payments space has similar needs to the B2C and P2P arenas in terms of functionality, user-friendliness and data sharing requirements.
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