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B2B Payments Enter eCommerce Age |
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Long before consumers pull out their debit cards, businesses buy raw materials, supplies, services and components from other businesses in a $2 trillion-a-year marketplace in the United States. But the electronic transactions industry has had limited success in the business-to-business (B2B) marketplace, which still conducts 80 percent of its transactions the old-fashioned way, with paper invoices and checks floating through the U.S. mail.
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