Created for business-to-business transactions, Moneris offers electronic payment processing solutions.
They drive business
At some level, every business requires another business to operate. Goods and services are bought, sold and supplied every day – from transportation to energy, raw materials to finance.
They can be complex
But while B2B transactions are common, they can also be complex, requiring great effort to process. Whether it’s accounts receivable or payable, how a business pays or gets paid can affect the bottom line.
We can help
It can be complicated, we know. That’s why we created our B2B Payments eBook, to help you better understand the buyer-supplier ecosystem and its implications to your business.
In the consumer space, customers expect to pay using whichever method they prefer. The same is happening within B2B, with more buyers asking to pay by commercial card, and suppliers wakening to the big-picture value of accepting electronic payments.
Created as a joint investment between RBC Royal Bank and BMO Bank of Montreal, Moneris is one of North America’s leading payment providers.
Within B2B, we work as the bridge between buyer and supplier, creating customized solutions that help enable fast and secure payment processing.
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*“Canadian Payments Landscape - Prepared for the Task Force Payments System Review” Deloitte & Touche LLP, (September 2010); Canadian Payments Association, Annual Statistics 2010-2014; Bank of International Settlements, Statistics on payment, clearing and settlement systems in the CPMI countries, Canada – Figures for 2014, December 2015. Note: data and assumptions are from multiple sources and should only be relied on directionally.