While the 2022 Global Trade and Payments Report stated that this year will be a year of digitization of B2B payments, another report noted that 9 out of 10 companies were investing in B2B payment technologies. Experts warned companies not to use weak security methods like WhatsApp in their collections, as digitization is becoming widespread in payment processes.

Business-to-consumer payment technologies have come a long way in the past two years. Despite this, the payment systems used in business-to-business financial transactions have not been able to catch up with the same speed. While the Global Trade and Payment Trends report predicts that 2022 will be a year of progress in B2B payment technologies, the B2B Payment Outlook report notes that 9 out of 10 companies have invested more in B2B payment solutions in the global market. last two years. While methods such as online direct debit, payment via link, SMS or email are widespread, experts warned that the financial information of those who prefer other ways, such as WhatsApp chats, could be compromised.

Erman Yapıcı, general manager of the online collection system Ödüyo, who shared his reviews on the subject, said: “Small and medium-sized enterprises (SMEs) in particular often make the mistake of sharing credit card photos in WhatsApp groups created for the communication of sales -, finance and accounting teams, this method, which is preferred when the credit card is not near the POS device, puts the credit card information of the companies at risk.

“All employees can see the card information”

Erman Yapıcı recalls that when companies share their credit card photos via WhatsApp to collect credit cards in installments or at once from their dealers, subscribers or customers, employees who should not see the information can also access their card information, Erman Yapıcı said: “ When we lose our wallet we cancel all our cards at the risk of theft Third party access to information such as CVC and expiration date is tantamount to stealing our card At this point when the pictures of the front and back of the cards are shared with second parties in a way that many people can reach, the door to the risk of theft is opened, jeopardizing the financial security of both the customer and the company.On the other hand, collection processes are disorganized. point, online collection solutions come into play, eliminating the risks of card theft as well as reducing payment and money flows can be controlled from one point.

“We respond to all needs in the field of e-collect”

düyo General Manager Erman Yapıcı stated that they are developing solutions that are compatible with global trends for the collection and payment processes of smart companies, and concluded his evaluations with the following words: We use technology. We cater to all of our customers’ e-collection needs with our various packages, integrating cash flows and payments with enterprise resource planning (ERP) platforms. This way, businesses can receive one-click installments or one-time payments through the payment links they send to their customers via SMS or email. By using the Paying platform, companies can track their cash flows with graphical displays and complete the return and cancellation processes without wasting time. Central offices, in which dealers and sub-dealers are integrated, provide greater ease of management in financial processes. In addition, companies can manage their accounts with different banks from a single platform with Ödüyo, which supports payments with Turkish lira, euros and dollars. In this way, there is no need to use methods that ignore the security of the company and the customer, such as sending a credit card photo via WhatsApp.”

Source: (BYZHA) – Beyaz News Agency