|There’s a lot of talk out there about B2B payment gateways, but between the two of us and your pet computer, it takes more than a virtual terminal to be a complete solution to these lucrative merchants.
Here are 4 key requirements to look for in a gateway in determining if it is, indeed, the right product for your B2B and B2G merchants:
- Automated Interchange Optimization / Level 2&3 Data. IO can save these businesses hundreds or more in monthly processing costs.
- ACH/Check Processing. Many B2B verticals still leverage ACH as a form of payment, does your VT support that?
- Electronic Invoicing. A comprehensive invoicing tool is important to these merchants, allowing customer-initiated transactions.
- Integrated B2B Software. Plugins to platforms like NetSuite, Salesforce and more can be crucial to many B2B merchants.
There are, of course, more features to consider when researching a bona-fide B2B gateway, (such as a secure Customer Vault and an Open API), but the above mentioned items make for a good start.
To learn more about why the accept.blue gateway is the smartest choice for your enterprise merchants, speak with a team member today!