![]() ![]() provide a fast, secure, electronic environment. ![]() exchange purchase orders, invoices and payments.The service will enable buyers and sellers to: The statement from SAP and First Data claims that the new service will automate transactions and provide detailed remittance data, which could improve billing and settlement. The statement added that more than US$40 billion in B2B payments have been made using AribaPay to date.ĪribaPay will focus on improving the procure-to-pay process, using Ariba's Cloud-based applications and network. The service, called AribaPay, will work on the Ariba Network.įirst Data, a commercial technology provider, and SAP, the enterprise application software firm, have teamed up with Ariba, a provider of Cloud-based trading applications and network.Īccording to the companies' statement, the electronic payments service will offer B2B payments to companies of all sizes. SAP and First Data have announced plans to launch a business-to-business (B2B) payments service across Europe and Latin America.
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