Nanonets

SEPTEMBER 28, 2023

​When it comes to b2b payments, there are a lot of different options and methods out there. And with so many options available, it can be tough to know which one is right for your business. That's why we've put together this comprehensive guide to making b2b payments. What  are B2B Payments?

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PYMNTS

JUNE 24, 2019

In B2B payments, corporates’ continued use of paper checks confounds FinTech firms working to give businesses more affordable, faster and more efficient payment options. Yet, for many business payers, the reason for using checks can be quite straightforward: It’s simply the way payments have always been made.

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PYMNTS

DECEMBER 3, 2020

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Visa To Use Card Rails For Digital Currency B2B Payments. Iceland Debuts Instant Payments.

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PYMNTS

FEBRUARY 11, 2020

The latest data from Nacha found a new record-high growth rate for adoption of ACH payments , with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction data with an ACH payment to the deployment of Same Day ACH.

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Fintech Finance

JANUARY 16, 2024

Balance , the digital payment platform, is announcing its new suite of products spanning the B2B transaction lifecycle. Bar Geron, CEO of Balance, explains, “While working with brands and marketplaces over the past year, it became clear that the inefficiencies and costs of business payments were impacting their profit margins.

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PYMNTS

AUGUST 11, 2020

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either. An Ecosystem Approach.

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PYMNTS

APRIL 15, 2016

Business-to-business payments may finally be on the right track to faster, digital payments. New data from NACHA offered insight into the growth of ACH payments in 2015 and found significant increases in the use of ACH for B2B payments. percent last year compared to 2014.

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PYMNTS

OCTOBER 22, 2020

A perfect storm of market shifts catalyzed by the global pandemic has forever changed the B2B payments landscape. For Billtrust , the current market climate presented an opportune moment to go public and further the B2B payments education of the business community. Fostering Education. And that's just not true.".

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PYMNTS

MAY 3, 2020

Payment solutions company GreenBox POS has announced a new Same Day ACH program to help businesses manage point of sale (POS) to business payments faster than usual, according to a press release. Usually, an ACH payment issued before the day’s 6 p.m. million payments. Eastern Standard Time.

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PYMNTS

OCTOBER 1, 2018

NACHA — The Electronic Payments Association , announced Monday (Oct. 1) that the Business Payments Directory Association (BPDA) will become an independent, member-led, self-governed group under the NACHA organization. The] BPDA was formed to bring to market the B2B directory,” said Lawrence Buettner, BPDA chairman. “By

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PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. The Coexistence Of Rails.

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PYMNTS

MARCH 23, 2017

Receivable Savvy, an accounts receivable and order-to-cash management firm, wants suppliers to see Same Day ACH as an opportunity to bolster cash flow. The company, which provides education and resources for suppliers, recently released a new eBook to guide vendors on how to take advantage of Same Day ACH technology.

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PYMNTS

APRIL 25, 2019

In a press release today (April 25), Intuit announced a new capability for QuickBooks to support Next Day ACH payments for small to medium-sized businesses (SMBs), an addition to QuickBooks’ range of services that enable stronger cash flow for users, according to Intuit Business Leader for QuickBooks Payments and Capital, Rania Succar.

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PYMNTS

OCTOBER 16, 2020

B2B payments are marked by an eternal struggle. In between lies inefficiency — namely, the (paper-based) ways in which the payments themselves are done. Buyers have been grappling with their own cash flow issues, of course, amid the pandemic, and lack of automation makes for friction on both sides of the B2B relationship.

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PYMNTS

MAY 27, 2020

Despite some drawbacks, legacy rails have mounds of potential to tackle a multitude of B2B payments friction points. For payments technology players, finding the opportunities to build upon existing infrastructure continues to open up new doors in B2B payments improvements. Adflex Eyes Card Rails For B2B.

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PYMNTS

SEPTEMBER 19, 2019

This week, Mastercard announced plans to modernize its B2B payment ecosystem with Mastercard Track. The Mastercard Track Business Payment Service is said to be the first global open-loop commercial service created to automate payments between the world’s buyers and suppliers. B2B Payments Across Industries.

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PYMNTS

OCTOBER 20, 2020

In the bid to modernize B2B payments , accounts receivable (AR) and accounts payable (AP) need to work together. To that end, one goal is to integrate payments, streamlining discrete functions of paying vendors and receiving payments from buyers across companies. When we look at the offline processes, 99.5

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PYMNTS

JULY 14, 2017

The report had some big news for B2B payments in particular: “Overall, the jury considers the business payments sector to have the best profit potential going forward,” the report stated. But often, FinTechs will tackle either one end of the B2B transaction or the other.

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PYMNTS

JANUARY 18, 2018

The volume of same-day automated clearing house (ACH) transactions is expected to rise over the coming months, BusinessInsider reported. According to a NACHA survey, 82 percent of financial institutions surveyed anticipate that Same Day ACH debit volume will grow at a rapid or steady rate. billion transferred.

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PYMNTS

JANUARY 8, 2020

Increasingly, business-to-business (B2B) companies working in the field and along supply chains are servicing their corporate customers, and seeking ways to accept payment upon delivery of goods and services. What B2B Businesses Need. What B2B Businesses Need. Benefits For Payers.

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PYMNTS

AUGUST 31, 2017

September will be a big month for NACHA’s Same-Day ACH initiative. 15, NACHA will roll out phase two of its Same-Day ACH Rule, and small businesses stand to gain significantly from the effort, according to reports at Nav.com. It incorporates more payment scenarios into the Same-Day ACH initiative.

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PYMNTS

JULY 5, 2017

The Federal Reserve made news late last week when it released its newest data on consumer and business payment habits, assessed via data from 2015 compiled in 2016. According to Fed researchers, there were some significant changes in corporate payments activity between 2000 an 2015.

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PYMNTS

DECEMBER 27, 2019

B2B payments innovation continued to heat up in 2019, with an ecosystem focused on transaction speed and data integration finding new opportunities to build innovative solutions that address some of the biggest B2B payment friction points. The Moving Target of B2B Friction. In the U.S. In the U.S.

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PYMNTS

JUNE 18, 2019

Is it prime time for real time, especially for B2B? The rise of Zelle , and any number of peer-to-peer (P2P) payment options, has increasingly brought consumers on board with the need for speed in payments — where settlement is marked by seconds and minutes, not hours or days. Where We Stand In The US.

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PYMNTS

OCTOBER 19, 2020

. … It was delaying payments — putting pressure on buyer-supplier relationships.” He told Webster companies that formerly relied heavily on checks have had no choice but to move to digital forms of payment like virtual cards or ACH. infrastructure remains very decentralized. And in many cases, you’ve got different vendors.

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PYMNTS

DECEMBER 8, 2017

Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec. Payments Rails is rewiring how business payments are sent around the world,” said the company’s co-founder and CEO Tim Nixon.

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PYMNTS

JUNE 6, 2017

NACHA, with its Same Day ACH offering, is leading the charge for faster payments in the U.S., We’ll give a daily double for the first data point, as it’s number of ACH transactions, and the second is quoted in terms of dollars over the whole calendar year of 2016. Data Point One: 25 billion and $43 trillion.

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PYMNTS

SEPTEMBER 20, 2018

However, if given the choice, most businesses would rather pay another way. Businesses are more satisfied with ACH payments, electronic bank transfers and even credit cards than they are with checks for sending and receiving B2B payments. What will replace the paper check as the top B2B payment method?

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PYMNTS

JUNE 11, 2020

Cash is king, and today, cash flow management is an imperative function for large corporations and small businesses — many of which continue to struggle with the market volatility and business disruption caused by the COVID-19 pandemic. AscendantFX Eases Payment Instruction Hurdles. ”

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PYMNTS

DECEMBER 12, 2017

Citi’s Treasury and Trade Solutions is expanding its international ACH payments service capabilities for corporate customers. 11) that its WorldLink Payment Services has added 10 new countries with which it can facilitate cross-border payments; the markets are across the EMEA (Europe, Middle East and Africa) region, said Citi.

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PYMNTS

DECEMBER 12, 2017

Faster and real-time payments are generally considered a benefit for the consumer payments world. finally making inroads in its faster payments initiatives, it’s now time to see whether faster payments will make their way into the B2B sphere too. Another faster payments service in the U.S., But with the U.S.

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PYMNTS

NOVEMBER 5, 2018

5) announced the launch of the Billtrust Business Payments Network (BPN), an open buyer/supplier payments platform that Billtrust CEO Flint Lane said will do what other B2B payment platforms have struggled to do: put paper checks on the path to extinction by streamlining and digitizing payments between businesses — and doing it at scale.

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PYMNTS

DECEMBER 4, 2019

Recent analysis from Juniper Research found that blockchain-powered cross-border B2B payments are expected to reach a $4.4 The bank’s decision to introduce the service to corporates before consumers demonstrates the financial services industry’s confidence in B2B use cases for faster and real-time payment services.

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PYMNTS

NOVEMBER 30, 2017

NACHA has revealed news that B2B payments company Bottomline Technologies is its newest partner. 29), NACHA said Bottomline Technologies Paymode-X has been chosen as its Preferred Partner for Business-to-Business Payments. The world of payments is evolving. In an announcement made Wednesday (Nov.

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PYMNTS

JUNE 15, 2018

With the B2B eCommerce market towering over B2C’s in terms of transaction value — Forrester Research estimates the U.S. trillion by 2021 — the business-to-business payments market is primed for disruption. The payment rail and technology options for B2B eCommerce platforms are vast, and continue to grow.

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PYMNTS

SEPTEMBER 14, 2017

The enterprise has been a bit skeptical about mobile payments. One exception may be in the T&E space, in which FinTechs are introducing ways for employees to make B2B payments and integrate transaction data into expense management systems, a reflection of the mobile nature of the traveling employee.

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PYMNTS

JUNE 5, 2018

While the same cannot necessarily be said about business customers, the findings do highlight the progress technology conglomerates have made in the financial services space: Traditional banks are no longer the only option for customers. This combination will be the driving force for getting businesses to adapt.”

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