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Business to business organizations provide services or goods to other companies, unlike business to consumer (B2C), which is when businesses transact with consumers (individuals). Business to business payments, therefore, refer to the payment processes and activities between two businesses. These are the most common: 1.
Paddle: Payment Infrastructure Platform. Paddle acts as a MoR for SaaS companies focused on B2C transactions with the ability to deliver single-product transactions. A robust payments toolkit. Note: PayPal also has a payment processor specifically for SaaS called Braintree. Paddle has features such as: Secure checkout.
MobilePayments – disrupting the transactions between businesses and customers. While customers have been in focus for B2C companies for a long time now. These changes being experienced in the market stem from B2C business shifts, ultimately impacting B2B companies. Now, customers are getting more attention than ever.
This allows customers to pay using different payment methods, such as credit and debit cards, without being redirected to an external payment gateway or being compelled to enter payment details manually. Once a customer initiates a transaction, their payment details are sent to a B2B, B2C, or C2C payment gateway.
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