Build Better Payments for B2B eCommerce with TreviPay
Expand the AOV on your B2B marketplace with B2B buyers’ preferred payment option, an invoice.
Create a Thriving B2B Marketplace Community
B2B marketplaces bring buyers and sellers together in a self-service, digital environment.
The success of this model is highly dependent on the marketplace operator keeping merchants fully stocked. To ensure your marketplace thrives, the virtual shelves should be stacked with a broad selection of products and services.
This will keep your marketplace busy with buyers returning week after week, month after month.
B2B eCommerce Operators rely on value added services, like TreviPay, for merchants to improve the customer experience by making transactions simple and transparent.
Payments For Evolving B2B eCommerce
Marketplace operators’ focus is on creating a dynamic community for the buyers and sellers, not on building out A/R departments to manage invoicing and payments.
Nor do they want to tie up working capital in a net terms program.
But they do understand the importance for buyers to pay by invoice and receive trade credit for their purchases because merchants expect settlements in days.
TreviPay has designed technology that disrupts those payment routines with value-added services to benefit everyone by offering:
- Credit decisions in less than 30 seconds
- Flexible net terms so customers can pay as they expect
- High approval rates to increase the transaction volume
- Invoicing processes that can pay sellers immediately
Creating Repeat Purchases
Loyalty in the B2B Marketplace starts with a better B2B payment experience. The way merchants, their customers and the marketplace operators interact is being quickly transformed.
And much of it boils down to the availability of payment choices at checkout. With TreviPay, customers are provided a branded payment option, supported with an end-to-end A/R solution and access to capital.
- Marketplace branded payment button
- Dynamic pricing and spend management
- Invoicing with purchase orders
- No need for A/R teams or working capital to manage invoices and terms.
Use Case: Food and Beverage Marketplace
This marketplace offers food and beverage suppliers the ability to provide instant purchasing power in the form of trade credit across a network of pubs and restaurants.
Let us Take the Capital Burden
Many B2B eCommerce buyers prefer to pay on terms for their large orders to preserve cash flow.
- We will extend terms to your customer, provide settlement to you to pay your sellers in as little as 48 hours and take care of collections.
- We can also have the marketplace be the merchant of record.
“B2B buyers demand payment terms because of large repeat purchases, credit cards simply aren’t practical. uShip originated as a consumer-focused business and needed to adapt to B2B. We selected TreviPay as a trusted partner to help us adapt.”
Chris Neeley – Controller, uShip
B2B Marketplaces that trust TreviPay
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Extend Net30 terms and instantly onboard buyers at checkout.
Offer a line of credit at checkout. B2B buyers and sellers prefer it and we’ll extend capital.
Optimize the purchasing experience to increase marketplace loyalty and AOV.
Request a Demo
B2B transformation begins here. Request a demo to see how TreviPay can instantly improve the purchasing experience .