Velocit news and trends

Where Electronic Payments Fall Short In B2B Commerce
B2B Payments // April 05, 2019

Adoption of electronic procurement, online B2B commerce and digital invoices are all on the rise, yet just because a company uses an online platform to sell or procure goods does not mean the actual payment for those goods will be digital, too. Indeed, an eProcurement...

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Paya Buys VelocIT to Boost ERP Solutions

January 19, 2022
Integrated payment and commerce solution provider Paya has acquired VelocIT Business Solutions, which provides omnichannel accounting solutions, the company announced Wednesday (Jan. 19). VelocIT works to “drive frictionless commerce experiences” for end users, while Paya provides solutions for helping people make and receive payments. Per the release, the acquisition will help Paya accelerate its product road […]