|
Business To Business
Business 2 Business (B2B) is designed to enable transactional processing between businesses using partners B2B portal. The product
is composed of two sites: one for applying as a buyers and one for applying as a seller. How is this accomplished? A partner’s
portal calls these sites when a new business wants to either buy or sell in that partner’s marketplace. Once the business completes
the online application, they are immediately enabled to trade in that marketplace.
Most applicants are approved immediately and can start buying or selling at the partner’s site. Buyers can elect to pay for goods
or services contracted for, by either direct debit to their business checking or a debit to a personal or corporate credit card.
These transactions flow though our premier gateway.
Both sides in this transaction get peace of mind knowing that the buyer and seller have been approved to transact business in your
portal. They have passed the stringent credit requirements to be allowed to enter this marketplace to trade. It isn’t enough to
bring commercial partners together, you need to enable them to transact business in a safe and secure environment.
B2B application works with our partners’ portal to enable this environment. For years First Data Merchant Services has been the
premier provider of business to consumer services both on the merchant and consumer side. Now you can leverage your customers’
needs for buying and selling, business to business, over the Internet. This is one of the fastest growing segments of Internet
usage and is helping businesses reduce their purchasing costs and streamline the purchase lifecycle.
|
