$3T Payments ‘Trade Gap’ Can Be Tamed With Better Data, Retooled B2B Platforms

On any given day, more than three trillion dollars are locked up in outstanding receivables, representing a massive unpaid trade gap that causes a cash crunch for the suppliers who are waiting to get paid. To reduce the wait and pain that goes with it, a quartet of payments executives told Alan Koenigsberg, global head of new payment flows, Visa Business Solutions, that better data and online platforms can tame that gap.