Emerging Low-Cost and No-Cost Online Payments Impact on Traditional B2B Fee Structures

$2,950.00

New research from Mercator Advisory Group considers Emerging Low-Cost and No-Cost Online Payments’ Impact on Traditional B2B Fee Structures.

Published on: March 11, 2014
Author: Amy Hoke
Alternate Point of Contact: Amy Dunckelmann

 

Boston, MA – March 11, 2014 – The paradigm is shifting for payments. New market entrants threaten to disenfranchise legacy systems for business-to-business (B2B) payments because emerging person-to-person or peer-to-peer (P2P) solutions are efficient, easy to use, and for the most part FREE. Mercator Advisory Group’s newest Research Report, Emerging Low-Cost and No-Cost Online Payments’ Impact on Traditional B2B Fee Structures, examines why banks need to innovate to reduce the costs for B2B payments or risk losing business customers. More and more merchants and other companies are likely to initiate a tender shift from ACH and commercial card to P2P-like applications.

“Call it what you want–disruption, displacement, disenfranchisement. The fact is that the emerging person-to-person (P2P) mobile payment solutions are shaping the way that consumers pay one another,” comments Amy Hoke, Director of Mercator Advisory Group’s Commercial and Enterprise Payments Advisory Service and author of the research. “Growing adoption of these payment solutions is bound to influence commercial buyers and suppliers to look for similarly efficient and cost-effective ways to pay one another for business.”

The report is 11 pages long and contains 2 exhibits.

Companies mentioned in this Research Note include ClearXchange, Dwolla, Moven, PayPal, Popmoney, and Simple.

Members of Mercator Advisory Group’s Commercial and Enterprise Payments Advisory Service have access to this report as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits.

 


Highlights of the report include:

  • The shift in the payment paradigm
  • Acceleration of the transformation to Banking 2.0
  • Fee costs in current automated B2B payment structures for buyers and suppliers
  • Profiles of emerging online P2P payment providers clearXchange, Dwolla, and Popmoney 

 

Title

Go to Top