Today in B2B payments, Tassat discusses the recipe for better B2B payments, and Comdata enables early wage access. Plus, Bravada discusses B2B eCommerce strategy, Gilded lets employers pay workers in crypto and AccessPay collaborates on treasury management.
Online marketplace ecosystems such as Amazon have lowered barriers for buyers and sellers to digitize, and the B2B commerce space is rapidly embracing the opportunity. But Bravada CEO Danny Alex says wholesalers should consider proprietary online sales portals.
Gilded, which automates crypto payments and accounting, has rolled out a technology called Mass Pay that lets companies pay as many as 500 staffers at a single time in Ethereum-based digital currencies like stablecoins, according to a Tuesday (April 20) announcement. Gilded CEO Gil Hildebrand said in the announcement that the demand for salaries provided through digital currency is quickly growing in an environment that has a more and more tech-savvy labor force “that’s embracing the maturing crypto ecosystem.”
AccessPay is working on a new treasury solution for corporates enabled by Yapily, which will help thousands of U.K. businesses achieve more transparency into their cash positions and transaction flows, according to a press release. AccessPay users can access connections and aggregations for their corporate banking with the click of a button, the release stated. That helps reduce the friction of using multiple systems and decreases the amount of time-to-value for corporates from months to minutes.
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