B2B payments today: Finstro, PayAlly, more

Today in B2B Payments: Finstro discusses finding the win-win scenario in B2B trade credit, and PayAlly is teaming up with Banking Circle on B2B cross-border payments. In addition, cuBIZloan.com discusses the financing role of credit unions, Nium acquires Ixaris and Lightspeed acquires NuORDER.

Finding the win-win in B2B trade credit

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Credit unions prepare for a pickup in demand for business finance

With the end of government assistance programs, businesses will be looking for capital, regardless of their experience over the past year. Murray Halperin, Managing Member of cuBIZloan.com, tells PYMNTS why credit unions are preparing for an increase in demand for business finance and how they can extend their reach to borrowers beyond their neighbors.

PayAlly Uses Banking Circle Tech to Boost B2B Cross-Border Payments

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Nium invests in B2B travel payments with the acquisition of Ixaris

The Nium payment platform announced Monday, June 7 that it will acquire the Ixaris travel payment optimization platform as part of a global expansion. Ixaris offers financing and payment methods designed to help airlines and online travel agents reduce surcharges and earn discounts, serving over 200 customers in over 40 countries and issuing over 10 million cards virtual in 2019.

Lightspeed buys NuORDER to connect merchants and suppliers

Lightspeed Point of Sale Platform Acquires B2B e-commerce platform NuORDER and Software-as-a-Service (SaaS) e-commerce company Ecwid in a bid to merge commerce ecosystem and drive forward the launch of new businesses. “By joining forces with Ecwid and NuORDER, Lightspeed becomes the common thread that unites merchants, suppliers and consumers, a transformation that we believe will enable innovative retailers to adapt to the new world of commerce”, Dax Dasilva , co-founder and CEO of Lightspeed, said in a Press release Monday (June 7).

Learn more about B2B payments:

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NEW PYMNTS DATA: STUDY ON CRYPTOCURRENCY PAYMENTS – MAY 2021

About the study: U.S. consumers see cryptocurrency as more than just a store of value: 46 million plans say they plan to use it to make payments for everything from financial services to groceries. In the Cryptocurrency Payments Report, PYMNTS surveys 8,008 cryptocurrency users and non-users in the United States to examine how they plan to use crypto to make purchases, what crypto they plan to buy. ‘use – and how merchant acceptance can influence merchant choice and consumer spending.





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Joan Ferguson

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