A B2B Payment Speeds Up Business

SYDNEY - May 21, 2013 - PRLog -- Experience shows that efficient B2B, cross border payments improve business relationships and collections. However, according to Carol Coye Benson of Payments Views, a surprising number of B2B transactions are still made by check. “An AFP survey at year-end 2007 showed that 74% of business payments were still checks,” she says.

Why isn’t the transition from paper to electronic business payments happening more quickly? Often the cost involved with upgrading systems can seem problematic to many businesses, and even a culture of inertia may have set in, creating resistance to change.

Technocash Limited has picked up on the B2B payment void and filled the gap with its revolutionary system. With a Technocash Account, you perform online currency conversion instantly and transfer funds to your business partners globally in a wide range of different currencies.

For more information or to apply online, visit http://www.technocash.com/pages/b2b-payment.cfm today.

B2B Payments - The New Golden Age

Would you like to gain full access to tracking on all business transactions online without a hefty paper trail? Print only what you need. This is valuable for your company because not only do you save paper, but you have access to a streamlined system which helps to improve cash flow and business growth.

If you need to make a speedy B2B payment, it is easy with an account from the money professionals at Technocash Limited. You are able to lodge instant fund transfers 365 days a year, 24/7, to other Technocash accountholders. Once a payment has been sent or received, an instant payment notification (IPN) email is sent detailing essential information such as the amount and currency received, date and time sent or received and payment references. Not many financial institutions give their customers that flexibility.

Send Instant B2B Payments

The Technocash System was designed with businesses like yours in mind. Do you need to send a B2B payment to a business partner in Asia? Normally a wire transfer would take around three business days to arrive, if there weren’t any delays in place, such as weekends, public holidays or incorrect wire transfer information. Checks can be inconvenient because the money usually comes from an active account and the payer has to wait for the money to clear or the check may bounce.

Encourage your business partners to join Technocash so you can send instant payments. For more stable and reliable service, consider B2B payments sent within the Technocash system. To learn more, email the team at Technocash at marketing@technocash.com (mailto:marketing@technocash.con) today.