Processing invoices is time consuming and costly. The average business requires 14.1 days and approval from two to five people in order to process a single invoice. It may even take more of each when invoice payments are particularly large or nonrecurring. It is easy...
Meanwhile, Mastercard has some ideas about ePayables, an expert offers golden rules on marketplaces and a debit card debuts for kids. Meanwhile, the smarter use of data is helping merchants to boost checkout conversions. While that happens, credit unions hoping to keep and gain members...
From the biggest transactions between enterprises to the small weekly allowances doled out weekly by 70 percent of America’s parents, there are three ingredients necessary when trying to reap the many rewards of digitization. First, it has to be fast, because no one likes standing...
Today in the payments news roundup, a report shows that credit unions could be more in tune with their customers’ needs, and a senior executive at Mastercard explains why ePayables are the future. Also, Tencent is bringing chat to cars, and Postmates is joining the...
March 23, 2023
Businesses have long been phasing out manual processes in favor of digital systems that improve efficiency, deepen relationships with suppliers and better serve customers. The trend gained new focus during the pandemic when businesses throughout the United States economy needed to upgrade their payment platforms rapidly. Businesses have been relying predominantly on payment methods like […]
August 27, 2019
In the quest to streamline B2B processes, and to move beyond the way things have always been done – especially when it comes to managing payments and cash flow —...
July 18, 2019
In the quest to streamline B2B processes, and to move beyond the way things have always been done – especially when it comes to managing payments and cash flow –...
September 20, 2018
In an effort to kill the check — where B2B payments are anything but efficient — might virtual cards be the answer? In an interview with PYMNTS’ Karen Webster, Scot Yarbrough,...