TreviPay, a leading player in B2B payments and invoicing, has rolled out an advanced all-in-one payment solution aimed at fostering experiential loyalty among enterprise buyers. This comprehensive solution integrates cutting-edge technology features, offering merchants in various sectors, including retail, hospitality, and manufacturing, the flexibility of payment choice and customization. By leveraging TreviPay’s technology, businesses can reduce friction and enhance loyalty throughout the entire purchasing process.
Recent research conducted by TreviPay underscores the significance of payment choice in shaping the experiences of first-time and returning buyers. An impressive 86% of global business buyers highlighted the importance of being able to use their preferred payment methods.
The all-in-one payment solution from TreviPay is poised to serve B2B merchants and marketplaces by providing a unified payment experience. Through seamless integration, merchants can tailor the acceptance of card types, allowing business buyers to opt for upfront payments via cards, ACH, or mobile wallets, or defer payments to 30, 60, or 90 days.
In response to the ongoing digital transformation efforts among enterprises, TreviPay’s all-in-one payment system is designed not only to eliminate checkout friction but also to boost conversion rates. This solution addresses a common issue in the B2B retail sector, where credit cards often stand as the sole online payment option. Currently available for customers in the US, Canada, Mexico, the UK, Europe, and Australia, supporting 16 payout currencies and 25+ locales, TreviPay’s solution aims to meet the diverse needs of businesses.
Acknowledging that 85% of global business buyers prefer trade credit or net terms for substantial or frequent purchases, TreviPay’s all-in-one payment solution caters to this preference. Retailers can now offer both credit/debit card payments and trade credit options, with integrated reporting providing detailed reimbursement documentation on a daily basis. This reporting spans card and net terms payments and deposits, encompassing both marketplace and individual seller levels. TreviPay’s latest offering stands as a strategic response to the evolving landscape of digital commerce and the nuanced demands of B2B transactions.
To know more about other trending usecases in the US financial services industry, like Generative AI, Open Banking, Buy Now Pay Later (BNPL), explore our other insights.
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