The world of business payments is a complex place, including both recurring and ad-hoc payments to a variety of recipients — vendors, consumers, 1099 contractors and small- to medium-sized businesses (SMBs), to name a few — sent over an ever-expanding number of channels.

These businesses, by and large, are looking to boost the efficiency and digital nature of those payments, particularly a variety of larger enterprises that have been “playing in digital payments for some time,” Lisa McFarland, Ingo Money’s vice president and product chief, told Karen Webster in a recent fireside chat.

Watch the fireside chat at pymnts.com