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The business-to-business (B2B) BNPL transaction works similarly to the business-to-consumer (B2C) BNPL transaction. Using B2B BNPL, MSMEs avoid tapping their credit lines to pay invoices and avoid trade credit negotiations. The areas where B2C and B2B BNPL diverge are maturity, market size, and client base.
As enterprise digitization initiatives permeate beyond IT departments and into corporatefinance functions, executives are exploring new approaches to modernizing the ways they manage money. ” That’s not only a focus reserved for corporates’ B2c relationships, though.
Today, a paper check is accompanied by a document that tells the suppliers what the buy is paying for — for these goods or for this invoice, etc.,” B2C To B2B. The paper check has remained so ingrained in the payments processes of businesses because of the information that comes along with it, Robb explained.
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