With more businesses selling online or via mobile apps, more consumers are hopping online to shop and pay. Merchants are therefore pressed to ensure that they are delivering cross-border payments experiences that are fast and seamless while also supporting payment preferences that vary widely from...
Razer Merchant Services (RMS), the B2B arm of American-Singaporean FinTech Razer, is expanding its merchant offerings by integrating Alipay+ solutions into more than 60,000 online and offline merchants across Malaysia. According to a company news release Tuesday (April 5), Alipay+ will be added to payment...
Today in B2B payments, Raistone and Mastercard team up to streamline B2B payments, and small and medium-sized businesses (SMBs) are cutting costs and removing obstacles with virtual cards and spend management. Plus, electronic payments help B2B companies get closer to their customers, and Sabre and...
Kilo, a Vietnamese marketplace that connects suppliers and retailers, wants to acquire 1 million new businesses by the next financial year, its founder and CEO said Tuesday (April 5). In an interview with Financial Express, Kartick Narayan — who is the former CMO of Groupon...
As electronic payments become more prevalent, many companies are starting to discover that they complement their efforts to foster closer relationships with their B2B customers. As reported in “The Strategic Role of the CFO,” a PYMNTS and Versapay collaboration that surveyed 400 chief financial officers...
FinTech Raistone on Tuesday (April 5) teamed up with Mastercard to streamline business-to-business (B2B) finance payments and accelerate working capital for small- and medium-sized businesses (SMBs), using Mastercard’s virtual card technology, according to the joint press release. Raistone will lean on Mastercard to speed up...
When employees must pay their expenses out of pocket and get reimbursed later, the process isn’t just tedious — it’s expensive too. As a result, there’s a continuing transition away from legacy solutions. Providing a better solution is the challenge Torpago set out to solve...
$3 billion. That’s the amount Barcelona-headquartered business-to-business (B2B) neobank NEO has cleared through its multicurrency accounts as of March 2022, saving European Union (EU)-based businesses an estimated $15 million in banking fees. In an interview with PYMNTS, the firm’s CEO and co-founder, Laurent Descout, compared...
Today in B2B payments, Mondu names a Klarna veteran as its legal chief, while digital payments help vehicle transporters boost capacity. Plus, B2B welcomes the modernization of the payment process; EnKash rakes in $20 million in a Series B fundraising round; two-thirds of financial institutions...
