Oli Rahman

How digital payments cut procurement costs | Barclaycard Business

Settling invoices the traditional way can be costly and inefficient. That’s why digital payment technology is becoming popular with more businesses – it offers a way to streamline the procurement process, increase efficiency and cut costs across your organisation, saving you time, money, and stress. And that’s just the tip of the iceberg. Whether you’re using BACS, paying by PO numbers or simply dealing with a supplier that only takes bank transfers, procurement using traditional payment systems can be a headache.

Behind the scenes in Bangkok

It’s shortly after 7am in Bangkok’s Thonburi district. The temperature has already surpassed 27°C and the city pulsates with an otherworldly energy. Monks with billowing orange robes conduct their morning rounds, relying on the kindness of strangers for their breakfast of a bowl of boiled rice. At the packed Pak Khlong Talat flower market, stallholders sell jasmine wreaths that can be laid at neighbourhood shrines to express gratitude. We pass through a series of passages studded with stalls sel