Today in B2B payments, BigCommerce acquires BundleB2B, while businesses want to be reimbursed quickly and simply for their insurance claims. Plus, Pakistan’s NIFT and M10 team up on B2B payments, and application programming interfaces (APIs) can help with the changing bill pay needs of businesses.
eCommerce platform BigCommerce has continued its series of acquisitions with the purchase of longtime technology partner BundleB2B. The Austin-based company — which provides eCommerce service to B2B and B2C companies — said the deal follows BigCommerce’s recent acquisition of B2B Ninja, an enterprise quoting solution. The move also “furthers BigCommerce’s ability to deliver dynamic powerful eCommerce functionality to B2B merchants at a time when B2B eCommerce continues to boom.”
Small companies that have experienced property loss or damage rarely have surplus funds on hand to fix emergencies and thus depend on swift claim payouts to help them address their issues. Payouts made via paper checks leave a lot to be desired in terms of speed and clarity. Consumers have also been calling for faster digital claims payouts, and the business policy holders who have access to more convenient payment methods in their personal lives are coming to expect similar options in the professional sphere.
Pakistan’s National Institutional Facilitation Technologies (NIFT) has teamed up with M10 Networks to facilitate digital B2B payments in the country and improve cross-border transfers. The...
Read Full Story: https://www.pymnts.com/news/b2b-payments/2022/today-in-b2b-bigcommerce-acquires-bundleb2b-businesses-need-streamlined-insurance-claim-payouts/
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
