B2B Payments

B2B Payments
Square, LegalZoom Team on SMB Payment Solution
November 02, 2021

LegalZoom.com, which works online in legal, compliance and tax solutions, is partnering with Square to get better point-of-sale (POS) payment software for small- to medium-sized businesses (SMBs), according to a press release. The goal is to support SMB growth. LegalZoom customers will be able to...

B2B Payments
Katanox, Oracle Hospitality Team to Connect Hoteliers, Travel Sellers
November 02, 2021

B2B marketplace for travel accommodations and sellers Katanox has integrated with hospitality management platform Oracle Hospitality to let clients reach travel sellers more easily, according to a press release. The new partnership will allow hotels and similar companies to distribute inventories directly with new travel...

B2B Payments
Today in B2B: Boatzon Launches Online Marketplace; Business Payments are More Digital Than Ever
November 02, 2021

Today in B2B payments, business payments are going increasingly digital, and more than three-quarters of small and medium-sized businesses (SMBs) are better at digital payments than they were pre-pandemic. Plus, VertoFX and ClearBank partner on streamlined cross-border payments for SMBs and Boatzon launches eMarketplace for...

B2B Payments
New Research Shows 15% of B2B Receivables Are Overdue
November 02, 2021

Manual processes, such as paper invoicing, invoice matching and reconciliation, have long defined how B2B businesses manage their accounts receivable (AR). This continued reliance on manual AR management practices is one of three challenges commonly reported by AR teams, together with the resulting lack of...

B2B Payments
VertoFX Teams With ClearBank for Enhanced SMB Cross-Border Payments
November 02, 2021

Business-to-business payments firm VertoFX is partnering with cloud-based clearing company ClearBank to bring comprehensive solutions for cross-border payments to underserved businesses in Europe. Despite representing 99% of all businesses in the European Union, small- to medium-sized businesses (SMBs) usually face high FX charges and transaction...

B2B Payments
Visa Panel: Business Payments Go Digital, Invisible to Simplify Complex Transactions
November 02, 2021

Data may be the new currency, but it is mobility that will help leverage that data to forge the connected economy. To that end, a trio of payments professionals told Gloria Colgan, senior vice president, global product at Visa, that digitized B2B interactions help firms...

B2B Payments
After B2B Payments Automation, Business Turn Focus to Serving Customers
November 02, 2021

Using automation in B2B payments is a key part to having a healthy and growing business, EVO Director of Project Management Marcy Stumpf told PYMNTS. She provided three examples that demonstrate the value of automation. First, automation allows for connectivity between departments. So, when a...

B2B Payments
Boatzon Debuts eMarketplace for Boats, Marine Products
November 01, 2021

Online boat and marine retailer Boatzon is debuting a direct marketplace for consumers to buy boats and other marine products, according to a company press release Monday (Nov. 1). The secure marketplace will feature ways for customers to browse, finance, insure, purchase and schedule delivery...

B2B Payments
Global Power Tools and Accessories B2B eCommerce Market Will Hit $15.1B By 2028
November 01, 2021

The global B2B eCommerce market for power tools and accessories is projected by Research and Markets to hit $15.11 billion by 2028, which would mean a compound annual growth rate of 18.1 percent, according to a Yahoo Finance report Monday (Nov. 1). With the COVID-19...