Imagine your customers migrating to retailers that offer more modern B2B payment methods and favourable terms to their customers. Sellers that only accept standard credit card purchases and don’t embrace new forms of B2B payments could fail and lose both share of wallet and customers.
Retailers need to respond to the growing expectation of B2B buyers to replicate a B2C-like checkout solution. TreviPay is focused on creating B2B payments innovation at the checkout delivering ways for buyers and sellers to connect and make transactions seamless and more secure. The TreviPay mobile app is one application designed to bring ease, simplicity and security to in-store checkout for B2B purchases.
‘Sellers that only accept credit card purchases may lose wallet share and/or customers to competitors that offer more favourable payment terms to customers.’– Choices at Checkout 2021, TreviPay
Power your In-Store B2B Commerce
When a B2B buyer gets to the checkout, they no longer need a merchant credit card to access their credit line and make the purchase. The TreviPay mobile purchasing app provides a central hub for all the information, with added initial two-factor authentication and a biometric login option to keep access secure.
Once the buyer is approved, the transaction is completed in four quick steps:
- The buyer opens the app and initiates a purchase
- A bar code appears
- The merchant scans the purchase
- The buyer confirms the purchase with one tap
More B2B Functionality In-app
In addition, invoices and available credit are stored within the app, so buyers can immediately see the status of all purchases.
Speed and convenience with B2B payments is critical to maintaining customers loyalty. Utilising the mobile app offers both these factors giving retailers a critical competitive advantage while increasing customer loyalty and a secure in-store checkout experience.
Interested? Watch the TreviPay Mobile App demo to see how it works in real-time.