Nvoicepay in search of common ground for B2B payment rails

One of the top stressors in B2B payments is the disconnect between how buyers want to pay and how suppliers want to accept payment. A recent study by Receivable Savvy found that 63 percent of suppliers prefer to be paid electronically, though not necessarily via commercial card. Researchers found that, while only 9 percent of suppliers cited a card as their preferred payment type, more than half said they accept cards because corporate buyers want to pay that way. Amid this tension is the growing realization that the buyer-supplier relationship is a strategic one, and if these business partners are to be the most effective and profitable at their jobs, they must collaborate. Read more: pymnts.com