| Opening Up Procure-To-Pay Workflows For Smaller Suppliers While many organizations would, in theory, like to support small businesses, in practice, working with smaller suppliers doesn't always suit organizations' legacy procure-to-pay processes. The pandemic has been a turning point, however, according to Tom Howsam, CEO and co-founder of Paid. He told PYMNTS how technology can sit between buyer and seller to enable eProcurement agility and faster payments. |
| Real Time Heats Up In B2B, While Blockchain Gains Traction This weeks round up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. That includes advancements in Canada's upcoming Real-Time Rail, as well as adoption by Transcard of Mastercard's Track Business Payment Service to facilitate real-time account-to-account transfers for businesses. Plus, blockchain makes new inroads in the B2B arena. |
| | B2B eCommerce | | Optimizing B2B eCommerce Payments From The Moment Of Onboarding In B2B eCommerce, the payment experience doesn't begin the moment a transaction occurs. Rather, it starts at the moment a new customer is onboarded with a seller, a process in which there is plenty of room for friction. Markus Hansson, chief product officer at Payer, tells PYMNTS how customer onboarding sets the stage for a positive B2B payment experience even as new, complex B2B eCommerce business models emerge. |
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