New Session Announcement - Building a B2B Payments Network:Why Do Credit Cards Get to Have All the Fun?
By 2026, B2B eCommerce will hit $18 Trillion, showcasing that digitalization is well underway as leaders are moving their transformation efforts and omnichannel strategies ahead significantly faster than they previously thought possible. But when we talk about improving B2B payments, it’s important to understand that credit cards won’t cut it. Today’s business buyers, shaped by their experiences with B2C, want the option to purchase online and the process to be fast and convenient. In this presentation, we’ll envisage the B2B payments network of the future, and how it will create an experience as frictionless as a credit card purchase. It stands to change B2B forever.
This presentation will discuss 1. The unique requirements of B2B buyers and why payments must become invisible 2. How does a B2B payments and invoicing network work to build more profitable and loyal trading relationships. 3. How to build the capability for B2B embedded payments and how to manage the costs and complexities.