#Payments / B2B Payments’ Pivot To Digital

“Fundamental changes to the B2B payments landscape are taking place today, faster than ever before, helping the ecosystem eliminate inefficient B2B payments processes.”

[Visa:] “Today, visibility and speed of paying suppliers — and getting paid — are critical for businesses… To meet this need, the payments ecosystem is pivoting away from entrenched manual and paper-based processes. The stage was set for that pivot over the past few years. The trend of consumerization of B2B payments has familiarized individuals with the ease of making payments quickly and across a variety of form factors.”

https://www.pymnts.com/news/payments-innovation/2020/b2b-payments-pivot-to-digital/