New Service Disrupts Global Credit Industry, Accelerates Global B2B Commerce
“MSTS is proud to play such a prominent role in setting direction and shaping the future of the commercial payments and business travel,” said Brandon Spear, President of MSTS. “For 40 years we have focused on cultivating innovation and providing insights to these communities, and we continue to drive this commitment through the appointments of Martha and Hannah."
Today, there’s a strong market demand for turnkey B2B payment systems as large companies struggle to create a seamless payment experience for their customers. Even those offering an easy payment option for their consumers often lag when it comes to B2B transactions.
MSTS’s mission is to help clients offer the same online convenience and experience to their B2B customers. After all, that’s what consumers expect, and B2B buyers are consumers too.
“In this era of globalization and eCommerce, the ability for brick and mortar businesses to compete and win utilizing an omnichannel approach is paramount and we are uniquely positioned to accelerate business to business commerce with our blend of global and local market expertise".
The creation of digital data doubles each year and is expected to continue through 2020. Within this vast array of data are pieces of information that, when combined, offer insights into the viability of a company that can’t be found through traditional methods. This alternative data, coupled with Artificial Intelligence and Machine Learning, is giving rise to new models to determine a company’s credit worthiness in 2018.
OVERLAND PARK, KS, Jan. 9, 2017 – MSTS, a global B2B payment and credit solutions provider, and Apruve, the premiere B2B credit network, today announced a joint partnership to provide manufacturers, wholesalers and distributors an alternative payment and credit solution that competes directly with credit cards. The solution eliminates the need for businesses to leverage their capital and resources to provide credit and payment terms to customers.
Overland Park, KS, January 4, 2018 – MSTS has been accepted as a member of BiTA, the Blockchain in Transport Alliance, to aid in the creation of benchmark standards and begin to extract the full potential of the technology in the transportation industry.
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.
Rijswijk, The Netherlands, Nov. 6, 2017 - MSTS Tolls unveils a new Eurovignette Split Payment Solution designed specifically for European Fleets. This offering provides customers with an opportunity to split their payments for yearly Eurovignettes into 10 periods.
IATA EasyPay will support a new simpler form of agent accreditation and allows agents to reduce their financial security requirements, enabling them to sell beyond their cash capacity.