Today in B2B Payments: QuickBooks Launches Wholesale Marketplace; Papmall Adds BNPL, Crypto Payment Features
Today in B2B payments, QuickBooks has launched a new marketplace that connects independent retailers with brands and wholesalers, and Papmall said it is integrating buy now, pay later (BNPL) and crypto payment features into its eCommerce platform for the service-providing industry.
QuickBooks Launches Wholesale Marketplace
QuickBooks has launched a new marketplace called Trada that “connects independent retailers with amazing brands and wholesale sellers,” the company said in a blog post. The Trada site features offerings such as novelty clothing, ecologically friendly pet treats, specialty foods and high-end paper products, and the site said the platform “is like a trade show, but without the hassle.”
Papmall Expands B2B eCommerce Platform
B2B eCommerce platform Papmall said it is expanding its model and delivery locations, while also integrating buy now, pay later (BNPL) and crypto payment features. Launched in 2019, the company began as a platform for online digital products and software sellers as well as outsourcing services, it said in a news release. Papmall plans to become the top B2C and B2B eCommerce marketplace platform in the service-providing industry for global markets by 2025.
Voice of the CFO: Global Challenges Require Big-Picture Thinking, Local Focus
Global companies are facing macro challenges that include war in Europe, inflation, labor challenges, rumors of recession on the horizon and highly volatile currency fluctuations driven by interest rate hikes. That puts a lot of challenges on the plate of a contemporary CFO. In an interview with PYMNTS, Pipedrive CFO Laurence Capone said, “We monitor every metric that is available from a global standpoint, but with a local market filter as well.”
CleverTap Raises $105M to Expand Customer Engagement, Retention Platform
Consumer expectations around their dealings with companies are changing, and businesses must improve and personalize their marketing. To that end, customer engagement and retention platform CleverTap has raised $105 million in a Series D funding round, according to a Wednesday (Aug. 10) press release. “Our vision has been to reshape the way businesses engage with their customers and bring the tech to MarTech,” CleverTap Co-Founder and Executive Chairman Sunil Thomas said in the statement.
Automated Payments Are Matter of Life or Death for Time-Critical Medical Supplies
PYMNTS recently caught up with two players in the healthcare sector — one on the buy side and one on the financial side — to learn about the industry’s challenges and opportunities around procurement. In the “B2B Payments in Healthcare Tracker,” Huntington Health shared its experiences with procurement of lifesaving medical supplies, and American Express offered its perspective on payments digitization and automation in the healthcare sector.
Transcard Integrates SMART Hub With QuickBooks Online to Streamline SMB Payments
For small businesses, paying suppliers or individuals has often meant dealing with paper checks, multiple systems or bank portals, or spreadsheets. Transcard said that it now helps these businesses streamline the way they make and receive payments by integrating its SMART Hub payment portal with QuickBooks Online. “Transcard is excited to provide QuickBooks Online users with frictionless, digital payments,” Transcard CEO Greg Bloh said in a press release.
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