Prime

Financial Transaction Services B2B products provide electronic payment methods with visibility and tracking in a secure environment. Buyers initiate payments with the same level of control over payables they have today, but with lower management costs and the highest levels of security available. On the suppliers’ end, payments will be received more quickly, with detailed reporting and, depending on the product used, a lower interchange rate.

Businesses, whether on the buying or supplying end of a transaction, need a solution that is less expensive and less time consuming than traditional paper invoicing and check lockbox processing. Whereas most businesses have become comfortable with accepting business-to-consumer (B2C) credit card transactions, achieving the same processing efficiencies and acceptance in their supply chain has not taken place.