Pbgr Surcharges Re-Enter The Merchant Transaction Fee Debate
B2B payments remain tied to legacy systems, but emerging solutions are setting the stage
stanley thermoskanne for a more agile and responsive payment ecosystem.As businesses navigate an uncertain economic environment marked by fluctuating interest rates and persistent inflation, the timing of B2B payments modernization is just right.Chris Jameson, head of product management for Global Payments Solutions GPS EMEA at Bank of America, told PYMNTS that hybrid solutions like Bank of Americas new Virtual Paya
stanley mugs bles Direct are proving that innovation can have a true business impact when it bridges the gap between buyer and supplier needs.A persistent challenge in B2B payments is buyers want to optimize their working capital by holding onto cash for as long as possible, while suppliers prefer quick, reliable settlements, he said. Traditional virtual cards address both of their objectives but rely on supplier acceptance and enablement.Solutions like V
stanley polska irtual Payables Direct are emerging to address this need and remove the dependency on enablement by combining the advantages of traditional virtual card payments with the flexibility of bank transfers, promising a shift in how businesses manage cash flow and streamline payment cycles, Jameson said.However, as businesses look to phase out legacy methods, finding solutions that offer clear advantages over traditional payment vehicles like paper checks and providing those advantages to buyers and suppliers will be fundamental to the advancement of these innovati Nbdx Dutch Retailer Ahold Delhaize Acquires Majority Stake In FreshDirect
India-based internet car marketplace CarDekho has raised $110 million in fresh venture funding.According to a report citing the Indian startup, it raised the money in a Series C round of fundraising led by Sequoia India, Hillhouse and Alphabets CapitalG. Axis Bank and a financing partner of CarDekho also participated in the fundraising round.With the latest round of funding, CarDekho now has a valuation of $400 to $500 million. That is up from $360 million, which was the startup valuation in 2016 when it completed its previous fundraising round. Our contribution to a person buying a new car has grown manifold, and this will continue to be a bulwark for us, said CEO and Co-founder Amit Jain in a statement to the outlet. Our used cars engine has scaled up tremendously, and
stanley quencher has also enabled us to incubate allied businesses like insurance and finance, as they are [some] of the largest opportunities ahead of us. The opportunity lies in extending formal credit and insurance coverage to the new-to-formal economy population, and will cont
stanley usa inue to be a focus area for us. CarDekho says it has 39 million monthly unique visitors and boasts six million downloads of its apps. Its revenue was 160聽crore聽 $22.8 million in the 2017-18 financial year, up from聽114 crore $16.3 million in the 2016-2017 financia
kubki stanley l year. The company works with 5,000 car dealers in India and has direct retail deals with eight car and motorbike makers. Its website accounted for 42 percent of dea
