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For Insurance, Faster Payments Means Nothing Without Data

PYMNTS

For this reason, virtual cards are a rising star in B2B insurance payments, according to Peters. ” In verticals like healthcare, claim data can be dozens of pages long and, at present, the market struggles with transmitting that information efficiently whenever payments are made. “That’s the difficult part.”

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Guide to B2B Payments: A Comprehensive Overview

Nanonets

In order to make these payments, businesses need to use a payment solution that is designed for B2B transactions. There are a few different types of B2B payment solutions like Wire, ACH, Cheques, Credit Cards,  or Digital Payment methods. They're fast, secure, and offer relatively low transaction fees.

B2B 52
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Guide to B2B Payments: A Comprehensive Overview

Nanonets

In order to make these payments, businesses need to use a payment solution that is designed for B2B transactions. There are a few different types of B2B payment solutions like Wire, ACH, Cheques, Credit Cards,  or Digital Payment methods. They're fast, secure, and offer relatively low transaction fees.

B2B 52