According to Forrester, B2B e-commerce in the US will reach $3 trillion by 2027, growing from $1.7 trillion at the end of 2017. The shift to this online e-commerce model of exchanging complex offerings for digital payments will put extreme pressure on existing processes and technologies, requiring new process capabilities for e-commerce success.
BillingPlatform has identified three critical pillars of functionality that companies should assess when deploying digital payment solutions.
- A secure payment portal with personalization capabilities to improve ultimate end-user experience.
- A commercial payment gateway with the ability to integrate into the revenue lifecycle.
- Hosted payment pages to secure your customer payment information and streamline the recurring nature of the relationship.
In this brief white paper, we detail the importance, the common challenges and the potential benefits related to each of these critical capabilities to drive e-commerce success.
