It’s a fact — businesses like to pay with some type of payment card. According to research from Gartner, “Businesses that support B2B digital payments will see faster growth and increasing market share compared to those who do not.”
For business customers, paying with credit cards is simple, reliable, secure, and fast. It’s easy to pay on the fly or have a card on file for ongoing purchases. Many businesses issue corporate credit cards or purchasing cards for employees who regularly make purchases as a part of their jobs.
For your business, accepting credit, virtual, or corporate purchase cards will help increase your revenues while gaining the following benefits:
- Increase the speed of getting paid compared to waiting for a check
- Reduce the time between the order placement and shipment
- Scale to accommodate fluctuating order volumes, such as seasonal sales or changing market conditions
- Enable international expansion without dealing with complex currency exchanges
- Manage payment processing interchange fees
- Ensure compliance with pertinent regulations
To accept cards online or by phone, you will need to partner with a B2B payment processor to handle your credit, debit or corporate purchasing card transactions. Your payment processing partner can take you beyond traditional card readers into the realm of digital payments.
Whether you currently have a payments processor or you’re new to B2B payments, connect with PayNation today.
Extend Your Reach and Revenue with PayNation
- Streamline your payments.
- Gain a unified solution that simplifies the B2B payments process. We remove the complexity of dealing with multiple vendors, getting your payments to you faster.
- Gain single-source success.
- Use a single source for your B2B payment platform, merchant account options, and equipment. PayNation has a proven track record as a one-stop shop for its customers.
- Increase payment security.
- Protect your customers and your business with PayNation’s exceptional security. Its frequent intensive penetration testing ensures your business complies with all PCI DSS standards.
- Enable omni-channel processing.
- Accept B2B payments from virtually anywhere. PayNation enables multiple customer interaction points, including e-commerce and in-store.
- Integrate with your ERP and accounting solutions.
- Integrate your B2B payment processing with your existing ERP and accounting solutions. PayNation helps you access information the way you want while improving the speed of receiving payments.
- Automate B2B payment processing.
- Reduce time spent on billing and reconciliation. PayNation delivers an all-in-one automated solution that improves efficiency by automating accounting processes.
Contact us today!
