Bullets:
About 98% of global B2B transactions are via wire transfer and bank-to-bank
Credit and debit cards are common for cross-border sales under $200, and on a USD volume basis.
Younger business owners in North America and Europe express strong preferences for paying with cards.
But manufacturers that do accept foreign credit cards must charge far higher prices, to recover chargebacks from fraudulent buyers.
Closing scene, Kunming Stone Forest, Yunnan
Resources and links:
What Are B2B Cross-Border Payments? A Complete Guide for Online Businesses
https://www.chargeflow.io/blog/b2b-cross-border-payments
17 statistics revealing why B2B buyers abandon carts without net-terms options
https://resolvepay.com/blog/17-statistics-revealing-why-b2b-buyers-abandon-carts-without-net-terms-options
UNC at Chapel Hill, University Branding and Identity
https://identity.unc.edu/brand/color/
Friendly fraud explained: prevention and solutions
https://corporate.visa.com/en/solutions/visa-protect/insights/friendly-fraud.html
B2B Payments: A Gradual Shift from Checks to Electronic Payment Methods
https://www.kansascityfed.org/research/payments-system-research-briefings/b2b-payments-a-gradual-shift-from-checks-to-electronic-payment-methods/
Surging sales for licensed home and housewares
https://www.homepagenews.com/featured-news/study-reveals-surging-sales-for-licensed-home-housewares/
Why Are College Sports So Big in the U.S. Compared to Other Countries?
https://businessofcollegesports.com/football/why-are-college-sports-so-big-in-the-u-s-compared-to-other-countries/
Hotel Flowers NYC: Why Luxury Hotels Are Switching from Weekly Deliveries to Preserved
https://www.nordblooms.com/blogs/news/hotel-flowers-nyc-preserved-guide
Luxury arrangements from VenusetFleur.com and Nordblooms.com
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