Case Study
Increase transaction volume with Business Payments Network
THE B2B PAYMENT CHALLENGE Business payments are a hassle for your customers, even when they’re electronic. You’re likely familiar with their struggle to sync settlements with remittance data, especially as payments are received across multiple channels, forms, parties and timelines. Adding to the challenges is the prevalence of checks used by buyers whose priorities don’t necessarily align with your customers’ desire to get paid quickly. Innovations in B2B payments have tried to simplify these many complexities. However, despite the promises of ‘straight through processing,’ there has never been a truly end-to- end electronic system. A system that can capture payments and deliver them to suppliers in a way that enables a simple and secure reconciliation of financial and p