Remove B2B Remove B2G Remove Government
article thumbnail

How Governments Navigate ACH Payments Innovation

PYMNTS

As local- and state-level government entities continue to run, it’s not business as usual for the public sector — particularly in the way these entities make and receive payments. As a result, it’s placing greater pressure on government entities to digitize payment acceptance capabilities. Business-To-Government Payments.

ACH 64
article thumbnail

Bureaucratic Fuel Is Pushing B2B Payments Toward Digital

PYMNTS

The country is the latest nation to help push B2B payments into the digital age. Spanish authorities recently launched an online platform that government contractors can use to submit electronic invoices. An EU mandate calls for member countries to define B2G electronic invoicing rules by November. Spain’s Move. From a U.S.

B2G 58
article thumbnail

TIE Kinetix Launches B2G eInvoicing Feature

PYMNTS

B2B eCommerce solutions provider TIE Kinetix is strengthening its position in the world of business-to-government procurement. The company announced late last week that it is launching a B2G eInvoicing solution in its Exact product, enabling government suppliers to send digital invoices to national and local government institutions.

B2G 40
article thumbnail

Government Procurement Lacks Agility, Transparency, Survey Finds

PYMNTS

Government procurement is struggling to streamline and automate many tasks, forcing some executives to feel overworked, new research finds. But for others, simply digitizing the procurement process in the first place remains a challenge. That Procurement Performance Index dropped from 76.4 in 2016 to 72.6

article thumbnail

Government Entities Face An eProcurement Wake-Up Call

PYMNTS

economy has never seen a clearer picture of the consequences of friction in government procurement practices than it is witnessing right now. COVID-19, the disease caused by the coronavirus , could prove to become a catalyst for digitization in government procurement operations, according to Mark Eigenbauer, president of BidNet.

article thumbnail

Pix Goes Global: PagBrasil Enables Pix Payments for Tourists and Businesses

The Fintech Times

It’s worth highlighting that Pix also supports B2B (business-to-business), P2G (person-to-government), and B2G (business-to-government) transactions. Consumers can use Pix to complete transactions with merchants and service providers.

B2G 64
article thumbnail

B2B eCommerce Startup Mbiz Secures Series A

PYMNTS

B2B eCommerce platform Mbiz has raised Series A financing, reports Monday (March 27) said. Mbiz provides a digital procurement platform for B2B and B2G transactions. Mbiz, based in Indonesia, launched about a year ago and recently raised new financing. Tokyo Century Corporation led the funding, reports added.

B2B 47