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24 Jan 2023

24 Jan 2023

Pay your suppliers and other third parties easily with B2B payments

Pay your suppliers and other third parties easily with B2B payments

Pay your suppliers and other third parties easily with B2B payments

We’re excited to share that we've added B2B payments functionality to our platform, so merchants can seamlessly pay suppliers, contractors, and other third parties. Our new B2B payments functionality gives merchants access to payment infrastructure across the UK and Europe, enabling them to transact via Faster Payments, CHAPS, SEPA Credit and SEPA Instant.

We’re excited to share that we've added B2B payments functionality to our platform, so merchants can seamlessly pay suppliers, contractors, and other third parties. Our new B2B payments functionality gives merchants access to payment infrastructure across the UK and Europe, enabling them to transact via Faster Payments, CHAPS, SEPA Credit and SEPA Instant.

We’re excited to share that we've added B2B payments functionality to our platform, so merchants can seamlessly pay suppliers, contractors, and other third parties. Our new B2B payments functionality gives merchants access to payment infrastructure across the UK and Europe, enabling them to transact via Faster Payments, CHAPS, SEPA Credit and SEPA Instant.

Once onboarded BVNK customers receive dedicated vIBAN and crypto wallets to manage payments, foreign exchange, trading and custody services for fiat and crypto assets.

Getting started is simple, here's how it works:

  • The customer logs into their BVNK portal, and navigates to the Wallets page

  • Here they’ll see different options for fiat payments

  • To deposit funds, the user can select a EURO or GBP account, click ‘Deposit’, and enter the details of the account they want to deposit into

  • If the customer wants to pay a supplier or third party, they utilise the ‘Pay’ button and enter the beneficiary details

  • If they’d like to withdraw the funds to their own bank account, they can use the ‘Withdraw’ button and choose from available accounts

BVNK CEO, Jesse Hemson-Struthers, said, “It’s in BVNK’s DNA to enable merchants to transact seamlessly between fiat and crypto payments, providing them with the robust, modern payments infrastructure they deserve. Adding B2B payments functionality to our platform is just another small step in our journey to transform B2B payments globally - making them faster, more secure, and borderless for every business. We have an exciting product roadmap planned for 2023 and we look forward to continuing to enable our customers to grow and access new markets globally.” 

If you are keen to learn more about BVNK's B2B payments functionality, get in touch with us here.

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News, events and updates

News, events and updates

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Get started

Get in touch with us today to find out how BVNK™ can make running your business simpler.

Start building

Contact Sales

Get started

Get in touch with us today to find out how BVNK™ can make running your business simpler.

Start building

Contact Sales