The basic idea behind AribaPay is that it will link Discover’s existing global payment network and the foundation of the Ariba Network with the Ariba Invoice solution to deliver a secure, integrated, efficient electronic payment (ePayment) mechanism. The solution is being developed and offered by Ariba and the Discover Network. For a background on Business Networks and Payments, read this recent article on Payables PlaceĪribaPay is a new electronic B2B payment solution that is currently in the design phase and is planned to launch in early 2014. I’ll be covering more of the event in part 2 of this article next week, today I wanted to focus on the exciting announcement made on May 8 th,2013 regarding AribaPay. Being part of the Ariba Network positions suppliers to attract more business from existing customers, as well as gain new ones.Earlier this week I attended Ariba Live in D.C and as always, it was a great event attended by over 2,000 buyers, suppliers and various partners. The Ariba Network offers suppliers a broad range of solutions and services to manage business transactions and content through a web browser or electronically through EDI/cXML. Companies around the world use the Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver. Using the Ariba Network, businesses of all sizes can connect to their trading partners anywhere, at any time, from any application or device to buy, sell, and manage their cash more efficiently and effectively than ever before. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. The Ariba Network is the world’s largest business commerce network.
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