Amazon Business was expected to grow much faster than B2C Amazon, Alibaba is showing no signs of decreasing demand, and many B2B start-up marketplaces are raising substantial investment funding amid the COVID-19 pandemic. In 2020, furthermore, the Gross Merchandize Value of third-party marketplaces was expected to grow by about…
During COVID-19, bank wire transfers, bank debit and cheques continued to be the go-to payment choice for B2B companies worldwide. For B2B companies worldwide. Specifically for E-Commerce, however, businesses preferred credit cards, terms (30-60-90), and mobile wallets. The fact that the digitalization of business-to-business payments is important was understood…