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How B2B payments are changing in the modern times
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financialexpress.comBy Krishna Kumar
These days, B2B payment companies are designing CMS solution for B2B business to ease the payment collection. Collect UPI / IMPS / NEFT / RTGS payments and automates the reconciliation in real-time as well.
There are new age CMS that handles payment collection, automatically track every payment in real-time and also provide web-based MIS and reports.
What is B2C and B2B Payments
In daily life as a customer, we are paying for the business, for example, if we scan the QR code to buy a coffee or for train ticket booking we are paying using a credit/debit card. We called these payments B2C payments.
These payments where both parties are in business, for example, a retail business makes payment to a supplier to buy products or a
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