B2B payments are made between two merchants for goods or services. Though paper checks are still the most common way for businesses to pay digital B2B payments solutions. Faster, secure and easy to use. Digital B2B payment products make it easier to make, receive, and process payments. They can also make the cash flow more predictable, which is something that every small business owner strives for 20 years ago, There were only a few ways to make a B2B payment and digital transactions. Today, the B2B payments market and landscape continues to grow at exponential rates.
So what are the most Popular Types of B2B Payments?
1. Credit Cards
One of the primary vehicles for B2B payments is through a credit card that provide a convenient and inexpensive way to facilitate transactions and float cash. In addition, card payments can be easily tracked.and invoices can be received through digital method or tradition paper receipts.
2. Net Banking Transfers
NetBanking means accessing your bank account and carrying out financial transactions through the internet on your smartphone, tablet or computer. It’s quick, usually free and allows you to carry out a number of tasks such as paying bills and transferring money, without having to visit or call your bank.
3. Digital Payment Platform-NetPaisa
NetPaisa is among one of most trusted financial organization which provides digital payment platform for making B2B payments across India through its authorized Distributor and Retailers.with the help of NetPaisa platform. This is very helpful and revolutionary method for people residing in rural and remote area where they struggle to reach bank.
Benefits of using NetPaisa Payment Platform.
- Money can be transfered to any bank account in India.
- Any customer with a mobile device and working phone number can use money transfer service.
- Money transfer cost cheaper than majority of the service providers in the market.
- Seamless and Hassle-Free Money Transfer Service to Increase Business
- Higher margin and Higher Profit Percentage
- Highly secure money transfer service
- 24/7 Customer Support