It might (or might not) surprise you that many B2B businesses are still using outdated payment methods like paper checks for their accounts payable (AP) processes. In fact, according to a study from PYMNTS, “25% of B2B payments are made via paper checks.”

Most people dread tax season, a typically chaotic time when we scramble to get our documents organized in a timely and accurate manner. Some of us get them done quickly, while others wait until the last minute.

Payment gateways and processors are what make the magic happen - at least on the consumer's end. To understand how these technologies work, you'll have to learn what's going on behind the scenes of this intricate financial dance.

2020 was a year filled with disruption. Businesses everywhere needed to adapt to shutdowns, shift their operations to a remote workforce, and rethink long-standing business processes.  From new standards in customer experience to new technologies to sweeping industry change.  The payment industry was no exception.

There were many ways the B2B and B2C businesses adapted to the “New Normal” this last year.  The question remains – which of the many 2020 payment trends we identified last year are making the jump...

The payment industry is constantly changing, evolving, and upgrading. In the past few years, the financial industry has seen the rise of FinTech, eCommerce, cashless payments, and much more. Business owners accepting credit cards rely on experts in the field to provide the best in payment processing services, such as all-in-one payment providers, as well as omni-channel and integrated payment solutions. In this blog, we will detail exactly what are third party payment processors (also known as merchant...

FinTech B2B Payments are impacting how businesses and consumers pay, store, move, save, borrow, invest, and protect money.

If you have made a payment using your phone, transferred money using an app, or checked an invoice or bank statement online then you already have experience in the FinTech industry. 

FinTech is fast-becoming the new normal. Payments industry trends such as moving to cashless and electronic payments along with the rise of eCommerce and mobile transactions are all being propelled quickly...

Efforts to stem the spread of Covid-19 have forced consumers and businesses into workarounds for meeting basic needs — usually with significant help from pre-existing technologies. Banking is one example — and it’s likely, say experts, to remain substantially tech-enabled from now on as companies and their customers grow accustomed to the ease and convenience of digitized financial service.

It’s Not Just You – Businesses Across the Globe Are Reporting Recent Payment Challenges

Buyers and suppliers in 2020 face a new, unprecedented environment. Due to widespread shutdowns and work from home (WFH) operations, the use of electronic purchasing and payment methods is skyrocketing. Many companies are struggling to adjust to the new normal.