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

Stax

Generally, but not always, B2B transactions tend to occur less frequently but at far higher amounts, involving extended sales cycles, negotiations, contracts, and on-going relationships between the two businesses. Business to consumer (B2C), by comparison, relies on speedy payment processing to transact on the spot.

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The Impact of Digital Disruption on B2B Companies

SmartKarrot

Blockchain – disrupting banking and finance for businesses. Mobile Payments – disrupting the transactions between businesses and customers. In earlier days, for example, customer loyalty towards a brand played a significant role in a company’s sales and growth. This directly impacts customers’ behavior.

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