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B-to-b stymied by payment, study says

Published on .

Napa, Calif.--eONE Global said Monday that b-to-b payments are largely offline because of risk management, liquidity, transaction assurance and process problems. The company said end-to-end electronic business payment solutions are beginning to cross those hurdles. An eOne company called SurePay has partnered with VeriSign and IBM Corp. to secure payment, authenticate uses and validate transactions. The research firm Gartner Group Inc. says the number of companies providing Internet invoices will go to 26% by 2002 from about 9% today, jumping again to 35% by 2004. The rise of settlement systems will spur b-to-b commerce growth to $6 trillion by 2004 from $919 billion in 2001, Gartner said
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