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EIPP and the mobile revolution in B2B payments

November 7, 2022

Well, in today’s mobile age, you open your mobile banking or payments app, select the bill, opt for your preferred mode of payment, authorise the payment and boom… The payment is made!

Now imagine the same scenario in a B2B setup. You work in the Accounts Receivable (AR) or Accounts Payable (AP) department of a large distribution company, and it is the last day to pay an invoice from your seller. You have had a busy day and could not process this payment earlier. Now, can you actually view invoices and initiate the payment on the go from your mobile? Though the legacy finance departments might argue, the answer is yes.

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