B2B Payments

The highly complex payments processes and networks that power $120 trillion in payments flows that move between businesses globally each year. The B2B Payments ecosystem is undergoing a massive digital transformation as corporates move away from paper-based processes and payments methods to digital workflows that more efficiently move money and data between trading partners. These efficiencies give corporates more visibility into their cash position across their supply chain and innovations in accounts payments and receivables are helping buyers and suppliers to align on payments terms and trade credit.

60% of Consumers and Microbusinesses See Instant Payments as Critical to Payor Loyalty 
60% of Consumers and Microbusinesses See Instant Payments as Critical to Payor Loyalty 
November 30, 2021  |  B2B Payments

Small and medium-sized businesses (SMBs) receive more than one-third of their sales through ad hoc payments — infrequent, one-time transactions — PYMNTS research has found. In...

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Carry1st, Chipper, PayPal Collab Gives Digital Payments Leg Up in Africa
Carry1st, Chipper, PayPal Collab Gives Digital Payments Leg Up in Africa
November 30, 2021  |  Partnerships

In a move to further accelerate digital payments in Africa, mobile games publisher Carry1st is collaborating with payments FinTech firm PayPal and cross-border payments platform...

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Uncertainty Surrounds PBOC Targeting of Alipay, WeChat Business Use of Personal Codes
Uncertainty Surrounds PBOC Targeting of Alipay, WeChat Business Use of Personal Codes
November 29, 2021  |  International

In China, what seems to be a crackdown on Big Tech — on the payments giants in particular — continues. Get the Full Story Complete...

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Mastercard, Jeeves to Offer Local Cards to Mexican Businesses
Mastercard, Jeeves to Offer Local Cards to Mexican Businesses
November 29, 2021  |  Partnerships

Mastercard will be working with Jeeves, a business banking company that has worked with numerous Mexican businesses, to help alleviate credit access problems in Mexico,...

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EKA Solutions Launches SMB Financial Services Subsidiary
EKA Solutions Launches SMB Financial Services Subsidiary
November 29, 2021  |  B2B Payments

Cloud-based freight management platform EKA Solutions Inc. on Monday (Nov. 29) debuted a wholly owned subsidiary focused on providing working capital financial services to small...

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67% of B2B Buyers Have Switched to Vendors With ‘More Consumer-Like’ Experiences
67% of B2B Buyers Have Switched to Vendors With ‘More Consumer-Like’ Experiences
November 29, 2021  |  B2B Payments

B2B buyers are bringing some of the habits they’ve picked up as consumers into their work life too, particularly when it comes to shopping and...

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Biopharma Firm Gilead Picks Amazon as Cloud Provider
Biopharma Firm Gilead Picks Amazon as Cloud Provider
November 29, 2021  |  Healthcare

Biopharmaceutical company Gilead Sciences has chosen Amazon Web Services as its cloud provider, AWS announced Monday (Nov. 29). Get the Full Story Complete the form...

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Kanverse Unveils Insurance Form Automation Tool
Kanverse Unveils Insurance Form Automation Tool
November 29, 2021  |  B2B Payments

Automation platform Kanverse has rolled out an artificial intelligence (AI)-powered document processing product for enterprise. Get the Full Story Complete the form to unlock this...

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Flutterwave Marketplace Helps Africa’s Small Businesses Reach New Buyers
Flutterwave Marketplace Helps Africa’s Small Businesses Reach New Buyers
November 29, 2021  |  eCommerce

In a move to scale small and medium-sized business (SMB) growth, Flutterwave, Africa’s leading payments technology company, has announced the launch of its new eCommerce...

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