The First B2B Checkout Platform With Rates As Low 0.1%

It’s Easy & Global B2B e-commerce. You no longer need to compromise on convenience or cost. Our secure payment gateway makes B2B e-commerce easier or more affordable than ever. Track payments in real-time to ship your product when needed.

Global Support: businesses can pay and get paid in their local currency.

Trusted by Financial Institutions

We Support 3000+ Banks Worldwide

EASY

Zero Integration

You can start collecting bank payments in minutes - no coding required. We make it easy for businesses for all sizes.

Affordable B2B Payment Rates

Cut your processing fees by at least 90% and increase your margins! It's time to grow your business. and save money.

Secure & Private

Reduce fraud and failed payments with bank payments. Never collect bank data and rest assured with 256-bit encryption.

EASY

Simple

You can start collecting bank payments in minutes - no coding required. We make it easy for businesses for all sizes.

Affordable B2B Payment Rates

Cut your processing fees by at least 90% and increase your margins! It's time to grow your business and save money.

Secure & Private

Reduce fraud and failed payments with bank payments. Never collect bank data and rest assured with 256-bit encryption.

Hear From Our Happy Customers

Best B2B payment platform in the market today! Rates are the lowest in the market! Simple to integrate, $0 wire fees! 

Karim S.

CTO, GW Apps

Save money with Borderless! Transparent way to manage larger B2B payments. Easy to use, and the ability to track payment progress is very helpful!

David T.

CEO, Lenderfit

borderless is hands-down the best way to pay and get paid. Great customer service. MUCH cheaper than any solution out there. Super easy to use. Cheaper, faster, more visibility.

Kamal K.

Director of Strategy and Innovation

4.8 out of 5

Transparency in payments processing! Transparency, speed and cost efficiency all in one place for payment processing!

Patrick H.

Managing Partner, Experience Kairos

Great option with cheap price. Ease of use and setting up was easy. Customer support was also easy.

Mukul J.

Tutor, UCode Academy

Check Out Our Payment Dashboard!

As easy as cards at a fraction of the cost​​

Try Your First $10,000 FREE!

Sending business payments is now as easy as sending an email. Get your first $10,000 in processing fees on us when you use sign-up code FREE10K 

B2B blog featured image

Grow Your Business

$500K Limits

Process bank payments online with limits up to $500K. The future of commerce is here.

Pay Your Vendors Instantly

Seamless bank-to-bank transfers for all businesses on the borderless™ network.

Increase Conversion Rates

Increase your conversion rates by 30% when you include the top 3 payment methods.

Save money and grow business with borderless

Calculate Your Yearly Savings Today

With borderless™...

Easy Payments for All

Your clients pay with their online banking in seconds. Our platform is simple and intuitive, designed to be used by anyone, regardless of technical experience. 

Secure, Private & Trackable Payments

borderless™ users are verified, keeping transactions secure & private. For peace of mind, you can track your payments in real-time. You also never share sensitive payment information and you never collect them, limiting your data liability.

Affordable Business E-commerce

With Pay-as-you-go pricing, you pay only when you get paid. Enjoy B2B rates as low as 0.1% and save up to 90% in processing fees. No setup, monthly, or hidden fees and no currency conversion fees with rates close to the mid-market rate.  See Pricing

Save money with pay as you go pricing!

Easy Refunds. Reduce Failed Payments

Reduce failed payments with direct bank transfers instead of credit cards. Make easy refunds for FREE with the option to refund in full or partial. Don’t compromise.

Easy Payments for All

cropped dashboard
Your clients pay with their online banking in seconds. Our platform is simple and intuitive, designed to be used by anyone, regardless of technical experience. 

Secure & Private Payments

borderless™ users are verified, keeping transactions secure & private. For peace of mind, you can track your payments in real-time. You also never share sensitive payment information and you never collect them, limiting your data liability.

Affordable Business E-commerce

With Pay-as-you-go pricing, you pay only when you get paid. Local rates are 1% with capped fees and low, tiered pricing for B2B. No setup, monthly, or hidden fees and no currency conversion fees with rates close to the mid-market rate. See Pricing

Easy Refunds. Reduce Failed Payments.

Reduce failed payments with direct bank transfers instead of credit cards. Make easy refunds for FREE with the option to refund in full or partial. Don’t compromise.

Frequently Asked

Can I keep my current processor?

Of course! With borderless™, there are no contracts, no conditions, no setup fees. We encourage you to offer borderless™ as a supplemental and alternative payment method to credit cards. By adding borderless™ you may increase your conversion rates by up to 30%! 

Do you process credit cards?

No. On average, it takes 5+ intermediaries to process a single card transaction. We like to keep it simple by eliminating middlemen and their fees. We use our local and international direct debit infrastructure to process payments more efficiently. 

How do you save me money?

borderless™ can save a lot of money! There are no sign up fees, no setup fees, and no monthly fees. For businesses, our rates start at 0.1% and we cap our fees! See Pricing Finally, we also provide you with a more competitive exchange rate than most banks or PayPal, getting you more for your buck.

Why should my customers choose you?

Firstly, its the trend! By 2021, bank transfers will be the 2nd most popular payment method for e-commerce transactions. Credit card usage online declined -16%. Second, incentivize them! Many of our clients share the processing savings offering a few bucks off their total giving you an edge over your competitors. 

When and How do I receive funds

We debit the funds directly from the payor’s bank account and deliver them directly to the recipient’s bank account within 2-3 business days, anywhere around the world we provide our services. With borderless™ there are no wallets, no holding accounts, and no hidden fees. 

How can I integrate your plugin?

borderless™ is designed to be used by any business of any size. Depending on your tech experience, you can either use our no-code gateway called PayMe™ page or you can integrate our e-commerce plugin in minutes using a few lines of code. Seriously, a developer can do it in as little as 1 hour. 

But how does the money move?

borderless™ never moves money across borders. Instead, we transfer money within countries, avoiding the lengthy and expensive process to send money across borders. We avoid middlemen and their fees, saving you time and money.

do i have to worry about FX fees?

No. borderless™ gives you a better foreign exchange rate than most banks and PayPal, getting you more for your buck. We also avoid your bank charging you incoming wire fees or FX commissions. 

Still wondering if borderless™ is right for you?

We will use your details to contact you. We promise we won’t spam you with emails because we wouldn’t like that ourselves.

4 MINUTE READ

Business-to-business (B2B) e-commerce is growing as the world becomes increasingly reliant on technology, especially during the COVID-19 pandemic. Read on to learn more about what B2B e-commerce is, its characteristics, an analysis of the current market, and how to set up e-commerce for your own business with the help of borderless™.

What is B2B e-commerce?

Business-to-business (B2B) transactions are those that occur between businesses, as opposed to transactions that occur between consumers and businesses (C2B). 

B2B e-commerce transactions are simply B2B transactions that occur online through companies’ websites to purchase goods and services. B2B e-commerce is a vital part of the supply chain for businesses.

For example, ospitals engage in B2B e-commerce with medical supplier marketplaces to purchase PPE gear and other medical equipment. The average B2B e-commerce purchase (called AOV, or average order value) is $2,067, which is much larger than the B2C AOV of $171.

Without an efficient infrastructure in place for B2B e-commerce, the many products that we rely on for everyday use would not be able to be manufactured and distributed worldwide in an on-demand economy.

What are the characteristics of B2B e-commerce?

Volume 

One key characteristic of B2B e-commerce, and B2B markets in general, is the sheer volume of products exchanged in this market. This is because B2B markets are largely involved with the supply chain of businesses.

For example, if a consumer buys a laptop from Dell online, that is only one product and one transaction total, compared with the hundreds, if not thousands, of product pieces between Dell and its supplier businesses that were needed to manufacture and assemble the computer.

Number of Buyers

Another central characteristic of B2B e-commerce is that there are fewer buyers, but each buyer makes up a larger share of the market. Compared with the millions of consumers that are purchasing products online, the number of buyers are smaller in size for B2B. 

Relationships between buyers

A third characteristic of B2B e-commerce is that it is focused more on long-term relationships/partnerships. Whereas consumers will often fluctuate whom they are buying from, businesses often set up more formal agreements for longer periods of time.

International Reach

Compared to retail e-commerce, B2B e-commerce relies much more heavily on international transactions. This reliance on international trade presents legal, cultural, and regulation-based challenges, as well as issues with high transaction costs in the B2B payment process.

B2B E-Commerce Market Size

depicts a woman standing in front of a computer, with graphs showing an increase over time, symbolizing how offering APMs increases businesses' conversion rates and profits

Although B2B e-commerce is making up a larger portion of total B2B transaction volume, the B2B industry is still heavily dependent on paper checks. In fact, 51% of US B2B payments are still made by paper check; thus there is a clear opportunity for growth in this space.

The global business-to-business e-commerce market size is valued at $6.7 trillion dollars in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 17.5% from 2020 to 2027, to $20.9 trillion dollars. Right now it is almost double the B2C market of $3.2 trillion dollars. 

In 2018, the US B2B e-commerce market topped $1.134 trillion, which is 12% of total US B2B sales for the year. This percentage is expected to climb to 17% by 2023, which is still a very small percentage of total B2B sales overall. 

How has COVID-19 affected B2B e-commerce?

The coronavirus pandemic has drastically impacted the world economy, and its far-reaching effects are already apparent in B2B e-commerce statistics. 

Due to the on-going COVID-19 pandemic, there is a rising inclination among customers towards online shopping since brick and mortar shops have closed. The same is true for B2B transactions. Conducting business online, especially via e-commerce, has never been more important and a requirement for growth.

In fact, according to a recent McKinsey and Company report, 66% of B2B leaders now believe ecommerce solutions are essential, up from 48% pre-COVID.

How can you set up your business for B2B e-commerce?

In order to set up your business for B2B e-commerce, you need to do the following things:

Create and maintain an effective website

Having a strong website is integral to succeeding in the B2B e-commerce space. 83% of B2B buyers look at the website before purchasing. Your website is the number one driver of sales, so you need to make sure that you build a visually appealing and easily accessible website for fellow businesses.

Dissect your products into smaller chunks 

In order for your business to succeed online, you must dissect your offerings into smaller products/services that buyers can easily understand. You will operate in a space built on an on-demand economy and mindset.

Have clear pricing (if possible)

Customers are used to shopping online and paying for things upfront in order to get them delivered. The same behaviors are seen in B2B e-commerce. The clearer your product offering is and pricing the more likely you are to convert carts. Getting paid upfront also improves your cash flow which helps grow your business. 

Discuss with your current customers the transition to online sales

If your B2B business is like most B2B businesses, it is heavily dependent on manual, paper-based payments. You will need to communicate with your customers the change to a digital payment system and transition your paper record-keeping to online.

Choose the right online payment method

In order to conduct B2B e-commerce, you will need to be able to make and accept payments online. There are a number of different methods to accept online payments where credit cards are most dominant however they are expensive. Alternative payment methods like online bank payments are now becoming popular in B2B e-commerce as they are more secure and affordable for high value transactions.

How borderless™ helps

borderless™ helps your business conduct B2B e-commerce in several key ways, making it the ultimate payments solution for your B2B business:

Easy Process: Get Started in Minutes 

Signing up for a borderless™ account is easy, fast, and free. There are no sign-up fees, account fees, or hidden fees. Once your account is verified, you can begin making and requesting payments in 1-click!

Quick B2B Pay

PayMe Page

Unlike traditional methods of B2B payments, borderless™ payments require no sharing of private bank information. Business accounts with borderless™ receive a unique handle, like on social media, that other businesses can use to easily pay you. You also receive a PayMe™ page that you can link to your website, on an email, or even with a scannable QR code.

One account for all future clients and suppliers –because that’s all you need. You can access your payment history with a searchable dashboard that allows you to easily keep track of all your payments in one, convenient place.

Pricing

borderless™ offers low, tiered pricing for local B2B e-commerce payments, allowing you to keep more of your hard-earned money. There is a max fee of $5 for the first $2,000, plus just a 0.1% fee on any amount above $2,000. 

Our competitive pricing is not just limited to domestic payments. If your business conducts B2B commerce internationally, borderless™ is still the payment solution for you, charging just 2% plus a small flat fee, with a capped fee of $200.

International Reach

At borderless™, we know that the ability to make and receive payments internationally is critical to the B2B e-commerce industry. We also know how tedious international payments are. Our international direct debit solution allows you to conduct B2B e-commerce seamlessly and affordably, unlike with traditional payment methods.

borderless™ is currently available in Canada, Australia, and the United States, with plans to expand to 26 additional countries by 2021, allowing you to engage in B2B e-commerce all around the world.

E-Commerce Plugin 

Payment Gateway

borderless™ offers several methods of integrating our payment solution. In addition to our no-code solutions (Dashboard and PayMe™ page), we offer the ability to integrate our direct debit gateway onto your website using only a few lines of code. 

This allows your B2B business to quickly and efficiently conduct e-commerce by allowing your customers to pay with their bank right at checkout saving you time and money.

Privacy and Security

With our online payments, businesses conducting B2B e-commerce never have to share their sensitive banking information again. With borderless™, you can request payments without sharing your bank details, and your customers can securely make e-commerce payments through our payment gateway. 

We also use bank-grade security protocols and highly sophisticated data encryption tools, as well as a verified network, to keep your information safe. 

Payment Tracking

For additional peace of mind, you can track your payments, so that you know exactly where your payments are real-time.

Sign up today with code BORDERLESS20 to start conducting B2B e-commerce more easily and affordably. Still not convinced borderless™ is right for you? Schedule a demo today to see the product in action and request free payment processing credits today.

Keep following your dreams! 

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Book A Demo

Want to see our product live in action? Please enter your details below and a member of our team will schedule a time for a demo.

We will use your details to contact you. We promise we won’t spam you with emails because we wouldn’t like that ourselves.