Published on March 11, 2014
Emerging Low-Cost and No-Cost Online Payments’ Impact on Traditional B2B Fee Structures March 2014
2014 Mercator Advisory Group The paradigm is shifting for payments. New market entrants threaten to disenfranchise legacy systems for business-to-business (B2B) payments because emerging person-to-person or peer-to- peer (P2P) solutions are efficient, easy to use, and for the most part FREE. Mercator Advisory Group's newest Research Report, Emerging Low-Cost and No-Cost Online Payments’ Impact on Traditional B2B Fee Structures, examines why banks need to innovate to reduce the costs for B2B payments or risk losing business customers. More and more merchants and other companies are likely to initiate a tender shift from ACH and commercial card to P2P-like applications. Emerging Low-Cost and No-Cost Online Payments’ Impact on Traditional B2B Fee Structures
2014 Mercator Advisory Group “Call it what you want– disruption, displacement, disenfranchisement. The fact is that the emerging person-to-person (P2P) mobile payment solutions are shaping the way that consumers pay one another,” comments Amy Hoke, Director of Mercator Advisory Group’s Commercial and Enterprise Payments Advisory Service and author of the research. “Growing adoption of these payment solutions is bound to influence commercial buyers and suppliers to look for similarly efficient and cost-effective ways to pay one another for business.” Amy Hoke Director Commercial and Enterprise Payments Advisory Service Mercator Advisory Group
2014 Mercator Advisory Group • The shift in the payment paradigm • Acceleration of the transformation to Banking 2.0 • Fee costs in current automated B2B payment structures for buyers and suppliers • Profiles of emerging online P2P payment providers clearXchange, Dwolla, and Popmoney Highlights of the full report
Figure 2: Person-to-Person Solutions Are Being Delivered Through a Variety of Channels © 2014 Mercator Advisory Group Source: Mercator Advisory Group
About the Full Report 2014 Mercator Advisory Group The report is 11 pages long and contains 2 exhibits. Companies mentioned in this Research Note include ClearXchange, Dwolla, Moven, PayPal, Popmoney, and Simple. Members of Mercator Advisory Group's Commercial and Enterprise Payments Advisory Service have access to this report as well as the upcoming research for the year ahead, presentations, analyst access and other membership benefits. Please visit us online at www.mercatoradvisorygroup.com. For more information and media inquiries, please call Mercator Advisory Group's main line: (781) 419-1700, send email to email@example.com. Follow us on Twitter @ http://twitter.com/MercatorAdvisor.
About Mercator Advisory Group Mercator Advisory Group is the leading independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com. 2014 Mercator Advisory Group
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