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When it comes to B2B payments, plenty of pain points also mean plenty of opportunity for solution providers, although no single payment technology could possible combat every B2B payment challenge today. based B2B payment solution provider that expanded into North America this year with its prepaid commercial card tools.
The enhancement supports employeeexpensereimbursements as well as micropayment disbursement and payment to employees for travel allowances to support mobile workforces, Microsoft said at the time.
PNC Treasury Management is rolling out a new solution designed to optimize corporate treasurers’ B2B payments. PNC noted that it will deploy its own automated payments routing solution within its employeeexpensereimbursement program to optimize reimbursement payments made to staff.
The growing demand for real-time employeeexpensereimbursement and instant payroll has surprised TCH, for example, but RTP’s flexibility means it can be leveraged for such purposes without any adjustments to the network. Such actions ensure that the offerings remain relevant to emerging needs and unanticipated uses.
WeChat , an online messaging service operated by Chinese technology conglomerate Tencent, is looking to enhance its ability to facilitate employeeexpensereimbursements, and reports said the firm is exploring blockchain as part of the effort. CoinDesk reported Friday (Aug.
Microsoft said in its announcement that adding payment functionality enables firstline and mobile employees “to participate and complete business workflows.”. The solution supports employeeexpensereimbursements, micro-payment disbursements and employee travel allowances to support businesses’ mobile workforces , Microsoft added. “We
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