Hello Everyone, I'm in the middle of a research prior to the development of a new B2B solution for some of our current Bank customers and I'm trying to understant the differences between B2B Connect and B2B VPA. Besides the obvious things that one is blockchain based and is still in pilot with no general availability. What are your thoughts about this 2 products?
Does anybody knows if B2B connect is the future and I should wait and focus on it? or will I invest my time and effort trying to understant B2B VPA.
Are they suited for different business scenarios?
Thank you very much for your help!!
Can you please provide information about your business case? Here's some interesting facts about each API. Please see below.
B2B Virtual Account Payment Method
- Allows you to use virtual accounts to automate the process of paying your suppliers and streamlines the payment process.
- For more information, please navigate to the documentation. https://developer.visa.com/capabilities/vpa
Visa B2B Connect
- Business-to-business payment service developed for Participating Members to allow their corporate clients to pay their vendors and also be paid by their own customers.
- For more information, please navigate to the documentation. https://developer.visa.com/capabilities/vba