Credit-cards

Businesses are rapidly transitioning to electronic payments for B2B transactions, gaining significant benefits like faster processing, enhanced security, and lower costs compared to traditional methods. For businesses seeking efficiency and improved cash flow in today's digital age, adopting electronic payments is clearly the future of B2B transactions.

Storing customer credit card data is extremely risky, as highlighted by the case of a 28-year-old hacker who stole millions of records. The article strongly advises against businesses storing this sensitive information themselves. Instead, it recommends relying on payment providers to handle credit card data securely and mitigate the risk of large-scale theft.