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What is B2B Payments Processing and How Do You Implement It?

Stax

Business to business organizations provide services or goods to other companies, unlike business to consumer (B2C), which is when businesses transact with consumers (individuals). B2B vs. B2C Payments Despite the fundamental similarity that money is being given from one entity to another, B2B and B2C payments are quite different.

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An In-Depth Guide to Subscription Billing Platforms (+ 5 Options)

FastSpring

Legal compliance. With FastSpring, B2B and B2C software companies can manage: Multiple subscription models, trials, one-time add-ons, discounts, and more. Plus, FastSpring takes on the liability of transactions, which means we manage chargebacks, fraud prevention, gathering and remitting consumption tax, and legal compliance.

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In-Depth Comparison of 5 Monthly Recurring Billing Software

FastSpring

This means we take the lead on legal compliance, collecting and remitting consumption tax, chargebacks, and more. At FastSpring, we’ve been serving B2B and B2C software companies — including SaaS, digital goods, and one-time downloads — for nearly 20 years (Factor #2). Reconciling payments with accounts and remitting consumption tax.

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4 Ways to Expand Your Digital Business Worldwide

FastSpring

Europeans prefer a digital payment system like PayPal. Establish global and local compliance. And GDPR has made compliance even more rigorous and important. A great place to start with compliance is to get familiar with the 101 of sales tax and VAT (Value Added Taxes). Online payment preferences vary greatly globally.

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How to Find the Best SaaS Billing Platform: A Complete Guide

Stax

But if you’re a B2B solution, there’s a high likelihood that businesses will be interested in being able to accept customer payments, rather than just sending them a PayPal link or to a generic payment gateway. SaaS billing solutions are usually talked about within the context of B2C payment processing.

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8 Top Stripe Alternatives: In-Depth 2023 Guide

FastSpring

A MoR also takes the lead on chargebacks, tax audits, legal compliance, and more. PayPal for Business: Available on Major eCommerce Platforms. Finally, you’ll need to maintain a large team of tax and legal experts to maintain global compliance (because solutions like Stripe don’t help with any legalities).

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2Checkout vs. Stripe vs. FastSpring: Comparing Payments, Taxes, and Platform Features (+ Pricing)

FastSpring

They offer three different levels of products: 2Sell for mobile and online payments worldwide, 2Subscribe to add on subscription management features, and 2Monetize to further add features such as global tax and regulatory compliance, invoice management, and more payment methods. They also have an enterprise pricing package called 4Enterprise.

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