Remove eCommerce Remove Foreign Exchange Remove Invoicing
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Report: Overcoming Cross Border Invoice Complexities

PYMNTS

Old-school business-to-business (B2B) transaction methods like sending and waiting on checks and physical invoices are more difficult to stick with now that many offices are closed and financial teams are working from home. Businesses have gone back to the drawing board to rethink their payments approaches during the COVID-19 pandemic.

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Overcoming FinTech Skepticism To Meet Asian SMEs' FX Needs

PYMNTS

Across Asia, an ongoing boom in global eCommerce volume, coupled with a convergence of market conditions, has made cross-border B2B trade a booming business — and a potentially lucrative one for small and medium-sized enterprises (SMEs). One of the biggest challenges in cross-border trade for any kind of business relates to foreign exchange.

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UnionPay Enables Cross-Border B2B Payments For Yiwu Market

PYMNTS

UnionPay International is expanding its support for cross-border B2B payments through an integration with wholesale eCommerce market Yiwu Market, based in China. The eCommerce market exports to the Middle East, Europe, Central and South America and Africa. According to a press release issued on Monday (Jan.

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Diwali Lights Up Bitcoin

PYMNTS

And bitcoin purveyors and exchangers are eyeing an emerging eCommerce market in India that might offer the right components for traction. India’s eCommerce leader, Amazon, is also vying for the top spot ahead of the Diwali shopping season. But on a more commercial note, Indians are expected to spend as much as $1.7

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What Payments Players Had To Say About Innovating Payments In A Pandemic

PYMNTS

Add in the current climate of heightened geopolitical uncertainty, trade disputes, foreign exchange volatility and regulatory complexities, and corporate treasurers have their work cut out for them, often with reduced budgets and slim staffing. The other is technological innovation. Purchases, events and trips are being canceled. “We

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PayPal Rolls Out Newest B2B Payments Services In India

PYMNTS

PayPal has only recently launched its B2B payments services through a few partnerships aimed at facilitating invoice payments. Separate reports said PayPal has cut foreign exchange commissions for SME exporters by 40 percent. Reports on Wednesday (Aug. Sellers can then send a personalized link to their clients to pay.

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Asia Scores Big In B2B

PYMNTS

With $3 million in new venture capital, Australia-based Airwallex is helping businesses pay and issue cross-border invoices in the currency of their choice. “It can take days for the money to reach its destination, and the transfer and foreign exchange fees are excessive and often prohibitive to SMEs.”

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