Save thousands in card transaction fees each month with the slickest open banking solution in B2B
B2B Open Banking provides a highly adaptable open banking service that can be applied across a business to significantly reduce costs associated with card transactions and handling cash. b2b.store’s industry-leading solution is a standalone module and can be quickly and easily integrated in order to set up a secure environment to process more cost-effective payments within days.
What is B2B Open Banking?
B2B Open Banking is a fully-managed service that allows wholesalers to accept payment by bank transfer. Open banking offers two principal advantages compared to debit, credit or corporate credit cards – the processing fees are cheaper than traditional payment methods; and money is paid into a business's account instantly.
The premise of B2B Open Banking is simple: it quickly triggers an extremely secure, online banking transaction, pre-populating the values and the business account a customer is paying.
B2B Open Banking is tailored to the needs of wholesalers and can be adopted quickly as an off-the-shelf solution or customised to fit a specific need, allowing businesses to target the areas where customers use card payments most.
Where can B2B Open Banking be used in my business?
The team at b2b.store has been working on B2B technology solutions with industry leaders, such as Bestway Wholesale, for more than a decade, so have an in-depth knowledge of the operations that form part of your business.
We’ve used that expertise to adapt B2B Open Banking to be used at numerous points of payment, allowing you to strip costs from all over your business.
Taking payment over the phone
Adding to your email template
Payment on delivery
At the point of online payment
Credit control (invoices, payment reminders etc)
Drive loyalty with B2B Open Banking
B2B Open Banking is always evolving, with our built-in loyalty functionality a prime example of the world-class development our team offers.
The B2B Open Banking dashboard includes the option to track which customers are spending most using the technology, providing the insight to reward those people that are supporting the new payment method.