In the news

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05/08/2019

Part 1 of our 3-part series about How CaaS Can Help.

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05/06/2019
 

Bankers encouraged to see how innovative payments solution can increase revenue streams

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04/30/2019
MSTS will facilitate invoicing and discount application to provide seamless transactions for dealers and their customers
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03/12/2019

Part 2 of our 4-part series on Common Challenges of B2B Commerce

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03/04/2019

Customers come first in this tech-led approach to ease pain points and improve customer experience within the trucking industry

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02/25/2019

Robotics process automation, otherwise known as RPA, is taking the business world by storm.

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02/15/2019

Part 1 of our 4-part series on Common Challenges of B2B Commerce

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01/14/2019

New eCommerce partnership also includes collaborative development on Magento plug-in

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12/14/2018
MSTS Opens Offices in Costa Rica and Singapore to Support Growing Regional Business 
 
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11/13/2018
Overland Park, KS, Nov. 13, 2018 (GLOBE NEWSWIRE) -- MSTS, a global B2B payment and credit solutions provider, today announced that its innovative Credit as a Service solution is now available to mid-market and small businesses.
 

In the News

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11/28/2017
The Power of Frictionless Payments in Your Buyer's Experience

Have you considered each step of your customer’s experience? I mean every step. EA Games recently felt the pain of their wooly customer experience journey. They wrote the book on how not to release a new product with multiple currencies in, and outside of, the game creating mass confusion and headaches, for the users and themselves. B2B companies experience similar disasters regularly by underestimating the impact of payments on the overall customer experience.   

While credit cards can smooth transactions for some business buyers, allowing your customers to buy on terms is often the best experience of all. The per transaction rates of a credit card are, on average, 3-4% and there are 3.3x more line items per order with 2.2x increase in order frequency, with an account versus a credit card. A simple account can help businesses take off and will offer a frictionless experience for you and your customers.

Long story short, no one wants a friction-filled payments systems. Even in a virtual world.

What factors make a payment system frictionless?

Seamless Onboarding. Why? It allows your buyers to go from application to spending faster. The faster you have the funds to spend, the faster you can get back to driving sales.

Low Cost. Why? You don’t have to pay the expensive 3-4% per transaction nor staff a team to manage the billing, collections and payments.

Extended Terms. Why? Term-based transactions allow customers to manage their cash flow and you partnering with a payment provider that offers credit will reduce your risk.

Ease of Payment and Integration. Why? That establishes loyalty and being easy to do business with, increases repeat sales.

Now that we’ve established why we need it, how do we get there? Consider what’s holding you back. How’s your cash flow? Where are you spending your time? Are you able to focus on what you do best? When you’re ready, contact us to hear more about our seamless payments solution for your business-to-business transactions.