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.
MSTS, a global B2B payment and credit solutions provider, today announced the appointment of Piers Gorman as its head of business development for the APAC region. In this new role, Piers will focus on scaling operations and business development in the Australian and Singapore markets. Formerly the VP of business development for World Fuel Services in Africa, he will be responsible for leading the company’s sales and expansion strategy for the region.
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.
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.
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. BiTA is the forum for the advancement of blockchain in transportation, guiding the infrastructure to be the leading blockchain voice providing more clarity and benchmark standards through education and promoting the technology. Members know blockchain is the way of the future and agree to usher the evolution to benefit the entire 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.
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. Trucks with a minimum total weight of 12 metric tons are required to have a registered Eurovignette as a toll payment on motorways in the Netherlands, Luxemburg, Denmark and Sweden. The Eurovignette is ordered for a period of one day to one year.
MSTS has won a contract to a newly launched remittance service that modernizes payments between accredited travel agencies and airlines. MSTS has been awarded 24 of IATA’s Billing and Settlement Plan (BSP) markets, and it will process payments in those markets by partnering with UATP, the airline-owned travel payment technical solution provider.
AeroParts Now (APN) and Multi Service Technology Solutions (MSTS) have partnered to extend APN’s marketplace capabilities to include payments. APN is an online marketplace for the buying and selling of aviation parts, accessories and services. MSTS provides automated payments and settlement system for APN’s marketplace, allowing the entire purchasing process to be conducted online. A true procure to pay model.