B2B

Business-to-business is a situation where one business makes a commercial transaction with another. This typically occurs when: A business is sourcing materials for their production process for output .Example- Providing raw material to the other company that will produce output.

(source: en.wikipedia.org)

Only One-Third of Firms Use Critical AP/AR Automation Tools
Only One-Third of Firms Use Critical AP/AR Automation Tools
August 16, 2023  |  Accounts Payable

Accounts receivable (AR) and accounts payable (AP) workflows rely on labor-intensive, manual processes prone to human error and delays — but specialized software and automation...

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Cross-Border Payment Solutions Give Big Lift to Small Business Growth Plans
Cross-Border Payment Solutions Give Big Lift to Small Business Growth Plans
August 16, 2023  |  Cross-border Payments

Small- to medium-sized enterprises (SMEs) help economies across the world go ’round. But despite their significant contributions to global commerce, local SMEs have long been underserved by...

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Payoneer Singapore Acquires Payment License to Help Small Businesses Transact Globally
Payoneer Singapore Acquires Payment License to Help Small Businesses Transact Globally
August 15, 2023  |  Digital Payments

Payoneer Singapore has been granted a payment license from the Monetary Authority of Singapore (MAS), the city-state’s principal financial regulator. With the MAS license, the...

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Traxo and Booking.com for Business Collaborate for Comprehensive Travel Visibility
Traxo and Booking.com for Business Collaborate for Comprehensive Travel Visibility
August 15, 2023  |  B2B Payments

Traxo, a provider of real-time corporate travel data capture, has partnered with small and medium-sized business (SMB) booking tool Booking.com for Business. The partnership’s offering will...

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Recharge Enters Corporate Gifting Space With B2B Pilot Service
Recharge Enters Corporate Gifting Space With B2B Pilot Service
August 15, 2023  |  Gift Cards

Recharge has launched a pilot B2B service enabling corporate gifting of prepaid products. The digital prepaid payments platform’s new service is designed to support companies...

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Visa’s PayFac Strategy Eyes Embedded Payments’ Potential in Blue and Red Oceans
Visa’s PayFac Strategy Eyes Embedded Payments’ Potential in Blue and Red Oceans
August 15, 2023  |  Payment Methods

Blue oceans and red oceans beckon for payment facilitators. As PayFacs choose where to spend their time and money, as they examine competitive landscapes, Bill Dobbins,...

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GBTA, Visa Say Business Travel Rebounded Faster Than Expected
GBTA, Visa Say Business Travel Rebounded Faster Than Expected
August 14, 2023  |  Travel Payments

Business travel is bouncing back following a pent-up demand for in-person meetings and events as the world moves beyond the pandemic. This rebound is occurring...

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MarginEdge Debuts B2B Mobile Pay for Restaurants
MarginEdge Debuts B2B Mobile Pay for Restaurants
August 14, 2023  |  Restaurant innovation

Restaurant management/bill payment platform MarginEdge wants to let customers make payments using their smartphones. The Virginia company announced the launch of its mobile bill payment platform in a...

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Brex Adds Feature for Managing Corporate Events
Brex Adds Feature for Managing Corporate Events
August 14, 2023  |  Spend Management

Brex has added a group events feature to its global spend platform. This expansion of Brex travel enables businesses to create and manage large scale corporate events...

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