News & Insights · Approx. 2 minute read
TreviPay Partners with BlueSnap to Integrate Trade Credit and Invoicing Card Processing Solutions for Global B2B Businesses
TreviPay and BlueSnap release industry-first global B2B payments solution that offers both trade credit and card payment processing with consolidated reporting
OVERLAND PARK, Kan., October 24, 2022 — TreviPay, the global B2B payments and invoicing network, today announced its partnership with BlueSnap, a global payment orchestration technology company, to add card-based payments processing for B2B eCommerce merchants and marketplaces to its platform. The partnership will enable a fully integrated payments solution for businesses seeking trade credit and card processing within one unified check-out solution.
As sales from digital channels continue to rise, B2B companies are looking for innovative payment solutions. With the integrated offering, online merchants of all sizes will now have access to a complete, consolidated solution that offers both trade credit and card-based payments processing through a single payment vendor. Participating merchants on TreviPay’s networks will also gain access to comprehensive reporting and consolidated data to support simpler reconciliation.
“Merchants continue to be innovative and disruptive to better meet buyer expectations in today’s digital environment,” said Brandon Spear, CEO at TreviPay. “To support this shift, TreviPay’s unified payment and invoicing solution was built for all B2B eCommerce merchants and marketplaces to eliminate management of multiple payments vendors and manual reconciliation of transactions.”
Combining TreviPay’s expertise in B2B payments and invoicing with BlueSnap’s strong global payment card acceptance, merchants can eliminate business checkout friction and increase conversions. For infrequent buyers making smaller purchases or who do not qualify for trade credit eCommerce and marketplace merchants can now provide a payment option for all business buyers with one comprehensive checkout solution. Both types of B2B payment transactions will appear in TreviPay’s consolidated report to keep accounts updated in real-time and to ensure data transfers with each transaction.
“We are excited to partner with TreviPay, a leader in B2B payments, to further simplify the complexities of business payments,” said Ralph Dangelmaier, CEO at BlueSnap. “Through this tailored approach to payments orchestration for business buyers, merchants can condense the number of payments vendors, and secure stickier buyer relationships by offering both trade credit and credit card options with invoices.”