B2B Payment gateway helps to ease payment transaction between one and another. Transactions are not only limited to cash payments or bank transfers, but there are also various other methods that you can try.
Transactions between businesses can run faster and with less risk with the existence of a b2b payment gateway. Unfortunately, business people in Indonesia still use cash payments or bank transfers for their business.
In fact, a b2b payment gateway can increase business profits by up to 15% according to Semafone. That way, payments can be received faster so that the business can run more smoothly. The effect of b2b payment gateway for smooth payments
B2B business processes take a long time. From document exchange to payment, this can take days. Not to mention if there are problems that occur, so that payments can be delayed.
The manual reconciliation process can also make payments take longer. This problem certainly makes the company can be paid longer than the previous time. B2B payment gateways can speed up the payment process thanks to the many options offered with automatic reconciliation.
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How the b2b payment gateway works in the payment process
B2B payment gateway acts as a bridge that connects you and your clients both in the process of buying and selling goods or services. The way to connect it is with the many payment methods available to make the payment process easier.
Your clients can make payments easily, because they just have to choose the method they want. In addition, this also reduces the risk of financial embezzlement that can be carried out by the finance department, because the manual payment process increases the risk of fraud that can occur.
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The important role of b2b payment gateway for your company
With a payment gateway, you can get paid faster by your buyers. In addition, buyer loyalty will increase, because payments can be made easier by having payment methods that can be selected according to need.
Paper.id provides digital payments with 6 payment methods that you can choose as desired, VA, credit card, Tokopedia, QRIS, GoTagihan and OVO. In addition, we also provide access to business funding with a variety of products that can make you #get paid faster. That way, cash flow can be well maintained and business operations run more effectively.