Payments News

On The Web

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Domains

Bento For Business Goes After Checks With Bento Pay

“Aiming to bring the ease of peer-to-peer payments to the business class, Bento for Business announced the launch of Bento Pay, a payment service that eliminates the need for business owners to write checks. The service, which will be available in July, enables business owners to make and receive payments with an email address. The […]
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Domains

Visa Aims to Expand Beyond Cards With Launch of B2B Connect

“Phalen said that B2B Connect will look to offer businesses an advantage in speed, with a goal of completing the funds transfer on the transaction day or the day after. In many cases, high-value cross-border transfers take three to five days using alternative methods, he said. Visa hopes its hyperledger technology will also prove attractive […]
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Deals

Razorpay Lands $75M Funding Led by Ribbit Capital

“Razorpay has raised $75 million (about ₹525 crore) in its latest round of equity financing, led by financial technology-focused investment firm Ribbit Capital, which will see the Bengaluru-based business-tobusiness payment solutions company double down on its new business lines.”
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Domains

Mastercard Partners With OpenText to Increase Financial Efficiencies in the Supply Chain

“Global payments technology giant Mastercard announced today that it is partnering with Ontario-based Enterprise Operations Management firm OpenText. The two firms will, according to a press release, collaborate on advancing a connected and scalable digital ecosystem, allowing companies irrespective of size, location or technical capability to build increased trust and security into trading partner relationships.”
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Domains

COMMENTARY: The Rise of B2B E-Commerce Creates New Technology Openings

“Nearly half of today’s B2B buyers are millennials, driving a change in purchasing behavior where buyers prefer less interaction with sales teams and more of a shift to self-service. At the same time, many noted direct-to-consumer brands that have built successful B2C business like Casper and Peloton are now turning to B2B strategies to overcome […]

On The Wires

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Domains

Unisys and PayCargo Partner to Integrate Payment Processing Capabilities Into Unisys’ Award-Winning Cargo Software and Services

“Unisys Corporation (NYSE: UIS ) and PayCargo , LLC, a provider of electronic invoicing and settlement solutions for the shipping industry, today announced an agreement to integrate Unisys’ award-winning Digistics™ cargo software solutions with PayCargo payment processing capabilities to deliver enhanced cargo processing to airlines, freight forwarders and importers.”
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Domains

Troovo Launches Travel Industry B2B Digital Payments Solution

“Troovo , the world’s leading digital B2B payments processing company for the travel industry, today announced the launch of a complete, end-to-end solution that will automate enterprise payments across any ERP system, credit card processor, bank or currency. Using its rules-based robotics process automation (RPA) technology, Troovo helps companies integrate their disconnected vendor payment systems, […]
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Domains

Bento for Business to Simplify B2B Payments With Bento Pay

“Bento for Business (“Bento”), a leading B2B payments solutions provider, today unveiled Bento Pay™, the first-of-its-kind digital payment solution that eliminates the need to write checks and gives businesses the ease and security of paying any supplier confidentially, regardless of their digital payment preferences.”
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Domains

Coupa Partners With PayPal to Offer New Payment Solutions

“The latest integration enables Coupa Pay users with more flexibility when paying PayPal-enabled suppliers, consequently ensuring hassle-free and secure online payment experience for buyers and suppliers. Coupa Pay solution offers an optimized “one-stop-shop” for the company’s all B2B payment processing and transaction thereby increasing visibility and control. We believe the integration is aimed at providing […]