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Can B2B match consumer payments’ digital growth?

Where the consumer sector has led the way in payments innovation, B2B payments are still reliant on legacy systems and not yet affected by generational change
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Can B2B match consumer payments’ digital growth?Image: Getty Images

Payments have become increasingly digitalised around the world as economies around the world move away from cash, and the Covid-19 pandemic boosting digital adoption.

One of the latest examples include the introduction in November of a cross-border payment system to facilitate customer transactions between Singapore and Indonesia through the use of QR codes

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