FinTech payment service providers have experienced explosive growth and has disrupted the traditional banking and finance sectors in recent years. As a result, many businesses are now turning to FinTech companies to meet their business needs. This shift is driven by a range of factors, including the desire for faster, more efficient transactions, lower costs, […]
Travel B2B payments is one of the most complex subject in the industry and ecosystem. This web of businesses, which includes airlines, online travel agents (OTAs), and corporate travel management companies (TMCs), all rely on each other to function, each with unique roles to play. Each business in the ecosystem has different payment processes to […]
Choosing the right B2B payment service provider is a critical decision for all businesses. With so many options available, it can be challenging to navigate the features, costs, and security standards of different providers. One effective way to evaluate potential providers is to ask the right questions. In this article, we will explore the top […]
Cross-border B2B payments in the F&B industry refer to transactions where food and beverage businesses based in one country pay suppliers, partners, or vendors located in another country. These payments can be complex and challenging due to various factors such as foreign currency exchange rates, transaction fees, different payment regulations and standards, language barriers, and […]
Integration with ChatGPT – loads of companies have integrated it into their respective platforms. While Twitter took 2 years, Meta (formerly known as Facebook) took 10 months, and ChatGPT only took 5 days to grow from 0 to 1 million users. Stakeholders from the tech industry have been competing and chasing each other in terms of […]
Cross-border B2B payment solutions that are efficient and secure has become increasingly important. However, the cross-border B2B payments landscape in the Southeast Asia (SEA) region can be complex and challenging due to the region’s diverse regulatory environment, foreign exchange rates, and payment methods. Despite these challenges, businesses that operate in the SEA region cannot afford to […]
With the rapid development of global trade, digital services have become an important means for businesses to improve operational efficiency and enhance competitive advantages in uncertain risk environments. As such, we are accelerating the development of treasury management solutions, in addition to providing comprehensive payment and collection services for businesses worldwide. Previously, SUNRATE […]
In today’s global economy, international payments have become a common occurrence for businesses, whether transferring funds to suppliers, paying for services abroad, or receiving payments from overseas clients. However, these transactions can also come with significant costs, such as high fees and unfavourable foreign exchange rates. To help individuals save on these expenses, we have […]
The B2B travel payments scene in India for travel stakeholders is rapidly evolving due to the growth of the travel industry and the increasing adoption of digital payments in the country. Travel companies in India typically use B2B payment solutions to pay their suppliers, such as airlines, hotels, and transportation companies. Many B2B payment solutions in India […]
Online travel agencies (OTAs) that have a huge need for better travel payment processes seemed to be the most preferred choice for tourists. A recent research showed that out of approximately 2,000 travelers surveyed, a-third of them book directly, another one-third use travel agents, and more than 40% admit they prefer to use OTAs. Another research also reflected in […]
The market is not new when it comes to business payments innovation, but for the longest time, it has always been aimed at consumers. The revolutionisation of consumer payments has been driven primarily by the demand for better customer experiences. The acceleration of cross-border trade has further increased the focus on cross-border business payments.
As the largest Southeast Asian market with fast-growing middle class, Indonesia presents a vibrant opportunity for merchants, many of whom unfortunately baulk at go-to-market barriers such as settlement and fund collection needs.
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