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Firms Partner To Expand B2B Payments In Africa

Visa and PayMate, a leader in India’s Business-to-Business (B2B) payments landscape, have announced an expanded collaboration to provide Visa’s issuing financial institution clients in the Central and Eastern Europe, Middle East and Africa (CEMEA) region. This move follows Visa and PayMate’s initial launch in India in 2017. PayMate’s cloud-based platform digitizes the entire procurement-to-payment cycle for businesses and helps large enterprises and SMBs to transition from traditionally slow and costly forms of payments like cash and checks to real-time and efficient digital payments. The platform is built to help its business customers automate and seamlessly manage vendor payments (Payables), […]

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