The pandemic will continue to shake up B2B payments, especially for smaller firms — and there’s no turning back. In an interview with PYMNTS, Steven Boyer, CEO of BluePenguin Payments, said modernizing payments and improving corporate back-office functions is helping to shape a “new normal” for B2B interactions, especially across AP. In
Kakao Pay is set to be the first South Korean FinTech working with mobile payments to undertake an initial public offering (IPO), according to a report from The Paypers. The company is likely to be valued at $8.5 billion and plans to use the IPO to enter into new business areas,
Turn on gateway fraud filters Most payment gateways allow ecommerce merchants to set up some basic fraud prevention rules to block or flag transactions that may be fraudulent. Typical examples are to decline all transactions when the billing address does not match what the credit card company has on file
Online marketplaces are the digital storefronts helping small to mid-sized businesses survive but adding real-time settlement into the mix can help them thrive. To that end, joint research between PYMNTS and Visa, in a study titled Marketplaces as Retail’s New Front Door, found that 60 percent of surveyed businesses that are not currently using