Our Money Moves blog series continues exploring different payment schemes in UK and Europe. In today’s article, we break down the advantages and disadvantages of the Faster Payments Scheme, focusing on business-to-business (B2B) transactions.

In the Money Moves series, we’ll unpack the basics of different payment schemes across Europe and the UK, explore their advantages and disadvantages and see how merchants can benefit from them. In this article, we’ll focus on the most popular SEPA payment methods: SEPA Credit Transfer and SEPA Instant.

Many use cases for blockchain technology have been developed to varying degrees of success, including digital assets as an investment, decentralised financial systems, and ownership reflected in a zero-trust ledger. One proven valuable use case is making payments faster, safer, and globally accessible.

We’re excited to share that we've added B2B payments functionality to our platform, so merchants can seamlessly pay suppliers, contractors, and other third parties. Our new B2B payments functionality gives merchants access to payment infrastructure across the UK and Europe, enabling them to transact via Faster Payments, CHAPS, SEPA Credit and SEPA Instant.

Location: Cape Town. Joined BVNK: August 2020.

We've made a number of improvements to our platform over the past few months to help our merchants optimise their payments and drive growth. In this post, we highlight some of our latest feature rollouts.

In this week's "Money Moves" series, we unpack one of the biggest payment schemes in the United Kingdom - CHAPS. Read on to learn about the strengths and weaknesses of CHAPS and how its can be advantageous for businesses.

Through the acquisition of System Pay Services Ltd, BVNK will broaden its product offering

By Chris Harmse, Co-founder and VP Revenue, BVNK

Location: Cape Town. Joined BVNK: January 2022.

The future of crypto payments is looking brighter than ever. We are excited to announce that BVNK has been awarded registration as a Virtual Asset Services Provider (VASP) by the Bank of Spain.

By Chris Harmse, Co-founder and VP Revenue, BVNK

This is an important milestone in our journey to becoming the go-to payments platform for global businesses.

BVNK Co-founder and VP Revenue, Chris Harmse, assesses the financial landscape and looks at modern solutions to decades-old issues.